Locked content Bank Pocztowy approves PLN 500 mln bond program

State-owned Bank Pocztowy’s shareholders approved a 500 million bond program, the company said in a market filing. According to the lender bonds issued under the scheme may be issued under the public offer or by offering a non-public offering, and they will only be offered to institutional investors...

Locked content Alior Bank approves PLN 1.2 bln bond program

WSE-listed lender Alior Bank’ supervisory board approved a PLN 1.2 billion bond program, the bank said in a market filing. The program will last for 12 months, pending financial market watchdog KNF approval. The bond tenors will be capped at 10Y. The bonds may be either ordinary or subordinated. The...

Locked content FinMin issues PLN 2 bln worth of bonds to increase BGK’s capital...

The Ministry of Finance has issued zero-coupon bonds worth PLN 2 billion in order to increase the share capital of state owned lender Bank Gospodarstwa Krajowego, the ministry stated in a press release. The bonds will mature on April 25, 2019. They were transferred to BGK on August 4, according to t...

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...