Szukaj
2023-01-25

Legal basis:

Paragraph 16 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 25 January  2023  it closed the subscription for three years senior preferred notes with a total nominal value of EUR 750,000,000.

The issuance of notes is carried out under EMTN Programme according to the Base Prospectus accepted by the Commission de Surveillance du Secteur Financier on 20 December 2022.

Taking into consideration  the intention to introduce the bonds to the listing on the regulated markets in Luxembourg and in Warsaw, the Management Board of the Bank informs as follows:

  1. Subscription opening date: 25 January 2023
  2. Subscription closing date: 25 January 2023
  3. Bonds allocation date: 25 January 2023
  4. The number of bonds covered by the subscription: 7,500 bonds
  5. Reduction rate in specific tranches, if at least in one of the tranches the number of allocated bonds was lower than the number of subscribed bonds: the bonds are to be issued in one tranche with the reduction rate of: 68.72%
  6. The number of bonds subscribed: 23,974.33 bonds
  7. The number of bonds which we allocated within the subscription: 7,500 bonds
  8. The price of acquisition of the bonds: 99.864% par value
  9. The margin determining the interest rate forthe bonds was set at 250 bps
  10. Notes were issued with three years tenor with an option for a call after two years since issuance (3NC2)
  11. The number of persons which subscribed the bonds in specific tranches: 188 persons
  12. The number of persons to whom the bonds were allocated within the subscription in specific tranches: 175 persons
  13. The name of underwriters who acquired the bonds under underwriting agreement: not applicable
  14. The aggregate nominal amount of subscription, i.e. the product of number of bonds under the offering and the issue price: EUR 748,980,000 (in words: seven hundred forty eight million nine hundred and eighty thousand euro) is equal to PLN 3,526,122,942  according to average NBP exchange rate as of 25 January 2023
  15. The total costs which were included in the issuance costs: the Bank will disclose such information in an updated current report after it has received and accepted all the invoices connected with the issuance
  16. The average cost of subscription per one subscribed bond: the Bank will disclose such information in an updated current report after it has received and accepted all the invoices connected with the issuance
  17. The way of payment for bonds to be acquired: the payment will be made to the Bank's account.