PKN ORLEN S.A. ('Company') announces the final terms and conditions of issue of Series B bonds within the bond issue programme directed to the individual investors ('Programme'), included in the prospectus approved by the Polish Financial Supervision Authority on 20 July 2017:

1. Subscription period: from 22 November 2017 to 6 December 2017

2. Date of bonds allocation: 8 December 2017

3. Expected bonds issue date: 20 December 2017

4. Redemption date: 8 December 2022

5. Number of Series B bonds issued: up to 2.000.000

6. The total nominal value of Series A bonds: up to PLN 200.000.000

7. Interest rate: variable

8. Margin: 1 %

9. Base rate: 6M WIBOR

10. Rating to the bond issue programme: A (pol)

11. Bond's allocation mechanism: the detailed terms of allocation are available in the final terms of the offer.

According to the latest published unconsolidated financial statement for the third quarter of 2017, the total value of Company's liabilities amounts to PLN 20 111 m.

The outlook of the liabilities until the complete redemption of the bonds should be assessed on the basis of the information provided by PKN ORLEN as a public company according to the procedure and the rules set out in the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies of 29 July 2005 and on the basis of the content of information documents to be published in connection with the issue of bonds.

The final terms and conditions of the offer and the final terms and conditions of the issue of Series B bonds in Polish language version are attached hereto regulatory announcement.

See also regulatory announcement no 147/2017 dated 15 November 2017, regulatory announcement no 135/2017 dated 16 October 2017, no 133/2017 dated 10 October 2017, regulatory announcement no 130/2017 dated 4 October 2017, regulatory announcement no 120/2017 dated 19 September 2017, regulatory announcement no 117/2017 dated 5 September 2017, regulatory announcement no 116/2017 dated 4 September 2017, regulatory announcement no 101/2017 dated 21 July 2017, regulatory announcement no 98/2017 dated 20 July 2017, regulatory announcement no 93/2017 dated 5 July 2017, regulatory announcement no 69/2017 dated 24 May 2017 and regulatory announcement no 58/2017 dated 26 April 2017.


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PKN Orlen SA published this content on 16 November 2017 and is solely responsible for the information contained herein.
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Original documenthttp://www.orlen.pl/EN/InvestorRelations/RegulatoryAnnouncements/Pages/Regulatory-announcement-no-149-2017.aspx

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