Report date 2015-03-20

No. 015/2015

Scheme-based Bond Issue - confidential information

Legal basis: Art. 56.1.1 of the Act on Public Offering - confidential information

The Management Board of LC Corp S.A. (the "Issuer") reports that pursuant to the Bond Issue Scheme (of which the Issuer informed in Current Report No. 23/2007 dated 27 July 2007) concluded with Bank Polska Kasa Opieki S.A with its registered office in Warsaw and mBank S.A. with its registered office in Warsaw, LC Corp S.A. issued 5-year unsecured coupon bonds on 20 March 2015.
The bonds were issued in compliance with relevant law and regulations in force in Poland.
The bonds were issued in Polish zloty as bearer, unsecured, dematerialized and coupon securities.
The bonds will be redeemed at their face value.
The bonds were issued under the following terms:

1. Issue date - 20 March 2015
2. Maturity date - 20 March 2020
3. Interest payment terms - interest based on a commercial basis; interest paid in half-year periods
4. Face value of one bond - PLN 1,000 (one thousand zloty 00/100)
5. Face value of the Issue - PLN 65,000,000 (sixty five million zloty 00/100)
6. The number of bonds in the series - 65,000

The total value of financial liabilities as disclosed in the recent quarterly report was PLN 915 million and PLN 180 million arising from the purchase of Sky Tower S.A. shares (the total value of financial liabilities - PLN 1,398 million). An anticipated value of financial liabilities until the complete redemption of the bonds is PLN 1,100 million (the total value of liabilities - PLN 1,400 million).

The funds obtained from the above issue shall be intended entirely for the redemption of bonds issued on 1 June 2012 based on the above-mentioned Bond Issue Scheme (of which the Issuer informed in its Current Report No. 42/2012 of 1 June 2012) and whose maturity date is on 25 May 2015.

In the opinion of the Management Board of LC Corp S.A. this information is regarded as confidential as defined by Art. 154 of the Act on Trading in Financial Instruments of 29 July 2005.
Legal basis:
Art. 56.1.1 of the Act of 29 July 2005 on Public Offering and Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies

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