No. 98/2017 | 20-07-2017
Polish Financial Supervision Authority approved the prospectus relating to bond issue programme
PKN ORLEN S.A. (“Company") hereby informs that on 20 July 2017 the Polish Financial Supervision Authority approved the prospectus relating to the bond issue programme directed to the individual investor (“Programme”), for which the Company’s Supervisory Board gave consent during its meeting held on 26 April 2017.
The prospectus will be available at corporate website www.orlen.pl in Investor Relations section.
The bond issue programme assumes the issue of several bond series up to the total amount of PLN 1 bn during 12 months. The bonds will be offered in a public offering. PKN ORLEN plans to introduce the bonds to trading on the Catalyst regulated market. The parameters of each issue will be determined based on the current market environment and the Company's needs.
The Company monitors the debt market constantly to organise the bond issue under optimal market conditions. PKN ORLEN will inform about the details of particular issues in the manner and dates specified in the prospectus.
See also 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.