No. 25/2012 | 10-02-2012
PGNiG: First issue under the Eurobond Issue Programme
The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA (“PGNiG”) hereby reports that on February 10th 2012 the documentation of the first issue of EUR 500 million Eurobonds (“the Issue”) under the Eurobond Issue Programme, details of which were reported in current reports no. 126/2011, 127/2011, 21/2012 and 23/2012 (“the Programme”), was signed.
The Issue was carried out by PGNiG Finance AB of Stockholm, a wholly-owned subsidiary of PGNiG, on the following terms:
1. Issue amount: EUR 500,000,000,
2. Issue currency: EUR,
3. Maturity: 5 years,
4. Proceeds from the bond issue raised by PGNiG Finance AB will be advanced as a loan to PGNiG;
5. Yield rate: 4.098% p.a.,
6. Interest periods: 1 year,
7. Coupon rate: 4.00% p.a.
8. Issue price: 99.565,
9. Issue registered on: the Luxembourg Stock Exchange.