PKO BP bank to issue up to CHF 350 mln in eurobonds

WSE-listed bank PKO BP, will issue Eurobonds worth up to CHF 350 million, under its current €3 billion euro medium term note (EMTN) program. “The decision to go ahead with the Eurobond issue will depend on market conditions,” the company said in a market filing. The papers will mature in 3 to 4 years from issue date, with the interest set after talks with banks and investors. The bonds will be listed on the SIX Stock Exchange in Zurich with a possible dual listing on the Warsaw Stock Exchange. Under its EMTN program launched in May, the bank will issue senior and subordinated bonds denominated in $, €, CHF, and PLN.