The covered bond issue is expected to follow a series of fixed income investor meetings, subject to market conditions. The meetings will start at the ECBC Plenary Meeting & Covered Bond Congress in Barcelona the 13th of September 2017 and will complete on 18th of September. The issue is expected to have an intermediate maturity and to have a rating of Aa3 by Moody's (at country ceiling level). FCA/ICMA stabilisation applies.
On the 6th of September 2017 the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg approved updated Base Prospectus for PKO Bank Hipoteczny’s European covered bond programme. The programme stipulates that the covered bonds may be admitted to trading on the stock exchanges in Luxembourg and Warsaw.