• PFSA has approved the WSE series D and E bond prospectus.
• WSE will issue up to 1.2 million bearer bonds with a nominal value of PLN 100 per bond.
The bonds to be issued are series D and E and will be introduced to trading on the regulated segments of Catalyst and BondSpot. The total nominal value of both series will be up to PLN 120 million and the individual value of each series will be up to PLN 60 million each. Series D bonds will be addressed to institutional investors and series E bonds to retail investors.
The bonds will bear interest at a floating rate equal to WIBOR 6M plus a margin to be determined by the WSE Management Board.
Interest will be paid semi-annually. Interest on series D bonds and interest on series E bonds will be payable on the dates set in the terms of issue of each bond series defined in the bond prospectus.
The bonds are due for redemption on 31 January 2022.
Pekao Investment Banking S.A. is the sole Offering Agent. The lead arrangers are Bank Pekao SA and Pekao Investment Banking S.A. Bank Handlowy w Warszawie S.A. and Dom Maklerski Banku Handlowego S.A. are the co-arrangers. The retail distribution consortium is comprised of: Centralny Dom Maklerski Pekao S.A., Dom Maklerski Pekao, Dom Inwestycyjny Xelion sp. z o.o., Dom Maklerski Banku Handlowego S.A., Biuro Maklerskie Alior Banku S.A., and Dom Maklerski PKO Banku Polskiego S.A.
The legal basis of the GPW bond issue is Article 33(1) of the Bond Act of 15 January 2015 (Journal of Laws of 2015, item 238), the Act on Public Offerings and Terms of Introducing Financial Instruments to the Organised Trading System and on Public Companies of 29 July 2005 (consolidated text: Journal of Laws of 2013, item 1382, as amended), and Resolution No. 1058/2016 of the GPW Management Board of 13 October 2016 concerning the issue of series D and E bearer bonds.
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Warsaw Stock Exchange (GPW) is the biggest securities exchange in Central and Eastern Europe. GPW operates a regulated market of shares and derivative instruments and the alternative stock market NewConnect for growing companies. GPW is developing Catalyst, a market for issuers of corporate and municipal bonds, as well as commodity markets. Since 9 November 2010, GPW is a public company listed on Warsaw Stock Exchange. For more information visit http://www.gpw.pl/.
WSE - Warsaw Stock Exchange SA published this content on 01 December 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 December 2016 07:56:06 UTC.
Original documenthttps://www.gpw.pl/wydarzenia_en/?ph_tresc_glowna_start=show&ph_tresc_glowna_cmn_id=59462
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Gielda Papierow Wartosciowych w Warszawie SA (Warsaw Stock Exchange, GPW) is a Poland-based stock exchange. It is a parent entity of WSE Group that offers products and services within its trading markets of equity, derivate, fixed income and structured products. It also distributes market data. The Company has two business lines: Financial market, which includes trading in equities, derivatives, fixed-income and other instruments, listing, and information services; and Commodity market, which includes trading in electricity and property rights in certificates of origin, operation of a register of certificates of origin, clearing, trade and technical trade operator services. As of December 31, 2011, it operates two wholly owned subsidiaries, WSEInfoEngine SA, providing data transmission and information services; and Instytut Rynku Kapitalowego WSE Research SA, engaged in publishing; as well as 92.47%-owned BondSpot SA.
GIELDA PAPIERÓW WARTOSCIOWYCH W WARSZAWIE S.A. 
