Edition:
India

Pekao To Issue 750 Mln Zlotys Of Subordinated Bonds


Thursday, 4 Oct 2018 

Oct 5 (Reuters) - BANK POLSKA KASA OPIEKI SA ::SAID ON THURSDAY IT HAS RESOLVED TO ISSUE SERIES B AND C OF SUBORDINATED BONDS WITH TOTAL NOMINAL VALUE OF 750 MLN ZLOTYS.ISSUE DATE WAS SET FOR OCT 15.TOTAL NOMINAL VALUE OF 10-YEAR SERIES B BONDS IS 550 MLN ZLOTYS AND 15-YEAR SERIES C BONDS IS 200 MLN ZLOTYS.SAYS AFTER OBTAINING APPROVAL OF POLISH FINANCIAL SUPERVISION AUTHORITY (KNF), THE BONDS WILL BE CLASSIFIED AS TIER 2 INSTRUMENTS. 

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