Subject: Closing of subscription for EUR 500 000 000.00 of covered bonds under the International Covered Bond Programme of PKO Bank Hipoteczny S.A.
Legal basis:
Art. 56.1.2 Act on public offer; § 16 Ordinance of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and on conditions under which information required by legal regulations of a non-member state may be recognized (current report).
Content:
Due to the closing of subscription for covered bonds series 8 issued as part of the Covered Bond Programme for the European market based on the Base Prospectus published on 24 March 2022 as supplemented by the First Supplement dated 14 June 2022 and the intention to introduce covered bonds to trading on a regulated market in Luxembourg, the Management Board of PKO Bank Hipoteczny S.A. with its registered office in Warsaw ("the Bank") provides information about:
1) subscription opening and closing date: opening date: 27 June 2022, closing date: 27 June 2022.
2) securities allocation date: 27 June 2022.
3) the number of securities covered by the subscription: 2 500.
4) reduction rate in specific tranches, if at least in one of the tranches the number of allocated bonds was lower than the number of subscribed bonds: the covered bonds are to be issued in one tranche with the reduction rate of: 42,36%.
5) the number of securities for which subscriptions were made: 4 337.5.
6) the number of securities which were allocated within the subscription: 2 500.
7) the subscription price of the securities: 99,98% of the principal amount.
8) the number of persons who subscribed the securities in specific tranches: 51
9) the number of persons to whom the securities were allocated within the subscription in specific tranches: 47.
10) the name of underwriters who acquired the securities under an underwriting agreement, the number acquires securities; the actual price of one security being the issue price less the underwriting commission: N/A.
11) the aggregate principal amount of subscription, i.e. the product of number of securities under the offering and the issue price: 499 900 000.00 EUR (in words: four hundred and ninety nine million nine hundred thousand euros) which is equal to 2 347 780 350.00 PLN (in words: two billion three hundred forty seven million seven hundred eighty thousand three hundred and fifty zlotys) according to average NBP fixed rate as of 27 June 2022.
12) the total costs which were recognized as the issuance costs: the Bank will disclose such information in an updated current report after it has received and accepted all the invoices connected with the issuance.
13) the average cost of subscription per one security: the Bank will disclose such information in an updated current report after it has received and accepted all the invoices connected with the issuance.
14) the way of payment for securities to be acquired: the payment will be made by a wire transfer to the Bank’s account.
Date: 29-06-2022, 17:06
SIGNATURES OF COMPANY REPRESENTATIVES
29.06.2022 Katarzyna Surdy, Vice President of the Management Board
29.06.2022 Piotr Kochanek, Vice President of the Management Board