Legal basis:

Article 17.1 MAR Regulation
Content of the report:

The Management Board of PKO Bank Polski S.A. (the 'Bank') hereby informs that on 7 July 2017 it adopted a resolution on the terms and conditions of the Eurobond denominated in EUR to be issued by the Bank on the basis of the EMTN Programme on which the Bank has informed in the Report No. 17/2017 dated 29 May 2017.
At the same time the Bank has initiated actions aimed at carrying out possible Eurobond issue, on the following terms:
1) the issue amount: not higher than EUR 750 million;
2) maturity: between 3 and 4 years from issue date.

The decision to go ahead with the Eurobond issue will depend on market conditions.
The value of the issue and interest rate, according to which Eurobonds will bear interest, will be set in cooperation with the consortium of investment banks and investors in Europe. Funds acquired from the Eurobond issue will be used to cover Bank's general business needs.
The Bank will be seeking to have its Eurobonds admitted to trading on the regulated market of the Luxembourg Stock Exchange, with dual listing on the Warsaw Stock Exchange.

PKO Bank Polski SA published this content on 07 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 July 2017 10:30:07 UTC.

Original documenthttps://www.pkobp.pl/pkobppl-en/investor-relations/current-reports/report-no-26-2017-adopting-the-resolution-on-the-opening-of-the-emtn-programme-by-pko-bank-polski-s-a/

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