Alior Bank is looking for money. Will issue bonds up to PLN 400 million

Alior Bank will issue unsecured bonds with the R series with the purchase date on April 17, 2029 with a value of up to PLN 400 million – the bank said in a communiqué.

Liabilities due to the issue of the R series bonds will constitute eligible obligations Alior Bank within the meaning of the Act on the Bank Guarantee Fund and the Deposit Guaranteeing System and forced restructuring.

The nominal value of one bond and its issue price is 500 thousand. zloty.

Bonds will be interest rate according to the variable interest rate, which is the sum of the WIBOR 6M rate and a margin of 1.95 percent. per year,

The bond redemption day will fall on April 17, 2029, with the Bank the possibility of earlier redemption of bonds from April 17, 2028 and after meeting the regulatory requirements.

Alior Bank will apply for the introduction of bonds on the market in an alternative trading system run by the Warsaw Stock Exchange. (PAP Biznes)

pr/ ry//