Date: 29-09-2016
Subject: Assignments by Moody's Investor Services of provisional rating for euro-denominated mortgage covered bonds issuances planned by PKO Bank Hipoteczny S.A.
Legal Basis: Art. 56 section 1 point 2 of the Act on Public Offerings – current and periodic reports
Content:
The management board of PKO Bank Hipoteczny S.A., with its registered office in Gdynia (the "Bank") hereby announces that on 29 September 2016 the rating agency Moody's Investors Services hasassigned a provisional (P)Aa3 long-term rating to the euro-denominated mortgage covered bonds to be issued by the Bank. Rating agency has changed Timely Payment Indicator (TPI) for PKO BH's covered bonds from „Probable- High" to „Probable", which is prompted by the issuance of the euro-denominated covered bond, which introduces the risk of currency mismatches.
SIGNATURES OF COMPANY REPRESENTATIVES
29.09.2016 Rafał Kozłowski, President of the Management Board
29.09.2016 Jakub Niesłuchowski, Vice President of the Management Board