Report 34/2024
24.09.2024 16:32Admission to trading on the Luxembourg Stock Exchange of Senior Non-Preferred Eurobond Series 2 with a total nominal value of EUR 500,000,000 issued under EMTN Programme
UNOFFICIAL TRANSALTION
With reference to current report no. 33/2024 of 17 September 2024, Bank Polska Kasa Opieki S.A. ("Bank") announces that on 24 September 2024, six-year Senior Non-Preferred bonds issued under the Euro Medium Term Note Programme ("EMTN Programme") were admitted to trading on the regulated market of the Luxembourg Stock Exchange.
The Bank provides the following information as required by § 17(1) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and the conditions for recognising as equivalent the information required by the laws of a non-member state:
a) the date of admission of eurobonds to trading and the date of first listing: 24 September 2024;
b) the number of eurobonds admitted to trading: 5,000 bonds;
c) the series of eurobonds admitted to trading: 2.
In addition, the Bank provides the following information on the eurobonds:
a) total nominal value: EUR 500,000,000, being equivalent to PLN 2,133,400,000, at the average exchange rate of the National Bank of Poland as at 24 September 2024,
b) coupon: (i) for a period of five years from the date of issue, fixed at 4.000% per annum, payable annually, (ii) in the sixth year, floating, based on EURIBOR 3M plus a margin of 1.8%, payable every three months,
c) issue date: 24 September 2024,
d) eurobond redemption date: 24 September 2030,
e) optional early redemption date at the issuer's request: 24 September 2029,
f) eurobond nominal value: EUR 100,000 being equivalent to PLN 426,680 at the average exchange rate of the National Bank of Poland as at 24 September 2024,
g) ISIN code: XS2906339747.
The rating agency S&P Global Ratings Europe Limited has assigned a BBB rating to the issued tranche of bonds.
Eurobonds are governed by English law, subject to the status of the eurobonds, waiver of set-off and the clause relating to acknowledgement of a decision of the compulsory restructuring authority as to a bail-in or conversion of the instrument, which are governed by Polish law.
Legal basis: § 17(1) of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and conditions for recognising as equivalent information required by the laws of a non-member state.