Legal basis:
Paragraph 17 of the Regulation of the Minister of Finance on 29 March 2018 on the current and periodic information published by issuers of securities and the conditions for considering as equivalent the information required by law of a non-member state
the Report:
The Management Board of PKO Bank Polski S.A. (“Bank”) hereby announces that on 27 March 2024 senior non preferred four years bonds issued under EMTN Programme have been admitted to the trading on Luxembourg Stock Exchange with the following parameters:
a) aggregate nominal amount: 500,000,000 EUR which is equal to PLN 2,157,650,000 according to average NBP exchange rate as of 27 March 2024,
b) coupon: (i) during the first three years since the issue date - fixed in the amount of 4.5% p.a., payable annually, (ii) during the fourth year – floating, based on 3M EURIBOR plus a margin of 1.60% p.a., payable quarterly,
c) issue date: 27 March 2024,
d) maturity date: 27 March 2028,
e) optional redemption date following call from issuer: 27 March 2027,
f) par value of one bond: EUR 100,000 which is equal to PLN 431,530 according to average NBP exchange rate as of 27 March 2024,
g) number of bonds admitted to trading: 5,000 bonds,
h) series: 2,
i) ISIN code: XS2788380306.
The admission to trading date and the date of the first listing is: 27 March 2024.
Rating agency Moody’s Investors Service assigned to the above-mentioned issue credit rating of Baa3.
The bonds are governed by English law with exception of the status of the bonds, waiver of set-off rights and the provision concerning acknowledgement of the decision of resolution authority concerning bail-in redemption or conversion of the bonds, which are governed by Polish law.