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 1 February 2023 senior preferred three years bonds issued under EMTN Programme have been admitted to trading on Luxembourg Stock Exchange with the following parameters:
a) aggregate nominal amount: 750,000,000 EUR which is equal to PLN 3,531,000,000 according to average NBP exchange rate as of 1 February 2023,
b) coupon: (i) during two years since the issue date - fixed in the amount of 5.625% p.a., payable annually, (ii) during the third year – floating, based on 3M EURIBOR plus a margin of 2.5% p.a., payable quarterly,
c) issue date: 1 February 2023,
d) maturity date: 1 February 2026,
e) optional redemption date: 1 February 2025,
f) par value of one bond: EUR 100,000 which is equal to PLN 470,800 according to average NBP exchange rate as of 1 February 2023,
g) number of bonds admitted to trading: 7,500 bonds,
h) series: 1,
i) ISIN code: XS2582358789.
The admission to trading date and the date of the first listing is: 1 February 2023.
Rating agency Moody’s Investors Service assigned to the above-mentioned issue credit rating of A3.
The bonds are governed by English law. However, the status of the bonds, waiver of set-off and the clause regarding acknowledgement of bail-in and loss absorption powers, are governed by Polish law.