No. 115/2016 | 13-05-2016
PKN ORLEN’s subsidiary – ORLEN OIL – has purchased bonds issued by PKN ORLEN
Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") hereby informs that in order to optimise the management of financial liquidity within the ORLEN Capital Group, on 13 May 2016 PKN ORLEN issued short term bonds to its subsidiary, ORLEN OIL Sp. z o.o. („ORLEN OIL”). The bonds were issued in accordance with the Bond Issue Programme signed by PKN ORLEN and a syndicate of 6 banks in November 2006.
Series: ORLEN1236 130616; value of the bond issue PLN 25 000 000 composed of 250 bonds with a nominal value of PLN 100 000 per bond.
- Date of issue: 13 May 2016
- Redemption date: 13 June 2016
- Yield on bonds: based on market conditions, unit nominal price amounted to PLN 99 864.10.
See also: regulatory announcement no 75/2006 dated 27 November 2006.