Locked content Alior Bank sells PLN 250 mln bonds in private placement

WSE-listed lender Alior Bank has closed the book building process for its PLN 250 million private placement bond issue with demand exceeding PLN 400 million, the bank said in a market filing. The 3-year bonds will be unsecured with rates set at WIBOR6M plus 1.19 percent margin. The bonds will be iss...

Locked content PKO BP issues €750 mln bonds

WSE-listed lender PKO BP issued 4-year eurobonds worth €750 million as part of its €3 billion medium term note program. The bonds have a 0.75 bp coupon, (65 bps above Mid Swap) and were priced at 99.792 percent of the face value. PKO BP wants to dual-list the bonds in Warsaw and Luxembourg. Within i...

Locked content Alior to launch PLN 250 mln private bond issue

WSE-listed lender Alior Bank has launched the book building process for a PLN 250 million private placement bond issue. The rates will be variable and based on WIBOR6M. The 3-year bonds will be unsecured. The bank expects to conduct the issue in Q3, subject to market conditions….

Locked content PZU sells PLN 2.25 bln in 10Y subordinated bond

WSE-listed, state-owned insurer PZU sold PLN 2.25 billion in 10-year subordinated bonds at 180 bps over 6M WIBOR. They will be listed on the WSE-owned platform, either BondSpot or Catalyst. The papers will be callable in 5 years. The European Bank for Reconstruction and Development (EBRD) has invest...

Locked content Tauron to offer €500 mln in bonds at 163 bps above mid-swaps

WSE-listed utility Tauron has set the terms for its €500 million eurobonds issue, priced at 164 bps above mid-swaps and with 2.375 percent coupon rate, the company said in a market filing. The bonds will mature in 10 years. The proceeds from the issue will be used to cover the company’s expens...

Locked content PZU signs new deal for subordinate bond issue

WSE-listed insurer PZU, signed new deals with six banks to run a PLN 3 billion subordinated bond issue. The new contract adds state-owned bank BGK to the mix. The other banks include, announced back in March Pekao, BZ WBK, ING Bank Ślśski, mBank and PKO BP. An eventual issue remains “dependent upon ...

Locked content Tauron to issue €500 mln bonds

WSE-listed power group Tauron is preparing a €500 million bond issue, and has hired a number of banks to attract potential investors during a roadshow in Europe. A final decision to proceed will depend on market conditions, the company added. Tauron will try to sell the bonds on the London Stock Exc...