PKN ORLEN regularly issues debt securities on both the Polish and European markets. The funds raised from the issues are allocated to the implementation of current and strategic objectives, in particular investments guaranteeing sustainable development of a modern, low-emission and resource-efficient multi-energy company.
The company currently holds in its portfolio:
- national bond programme in the amount of PLN 4 billion;
- foreign EMTN Programme in the amount of EUR 5 billion;
- bonds for individual investors 2017 in the amount of PLN 1 billion;
- Eurobonds 2016 in the amount of EUR 750 million issued through the subsidiary ORLEN Capital (PKN ORLEN as guarantor).
Please note that the following important information may be subject to change or update. You should therefore read and study it in its entirety each time you visit this website.
THE MATERIALS AND INFORMATION AVAILABLE ON THIS WEBSITE ARE NOT SUBJECT TO OR INTENDED FOR DISTRIBUTION, AND MAY NOT BE PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN THE UNITED STATES OF AMERICA, CANADA, JAPAN, AUSTRALIA, OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR WOULD REQUIRE REGISTRATION, NOTIFICATION OR AUTHORIZATION IN SUCH JURISDICTION.
THIS WEBSITE (AND THE INFORMATION AVAILABLE HEREIN) DOES NOT CONTAIN OR CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY SECURITIES IN THE UNITED STATES OF AMERICA OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. THE SECURITIES IN QUESTION ARE NOT AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT OR UNLESS AN EXEMPTION THEREFROM IS AVAILABLE. THERE WILL BE NO PUBLIC OFFERING OF THESE SECURITIES IN THE UNITED STATES.
The base prospectus prepared in connection with the public offering of bonds of PKN ORLEN S.A., based in Płock (the Company), carried out under the bond issue program and admission of the bonds to trading on the Catalyst regulated market, was approved on 20 July 2017 by the Polish Financial Supervision Authority (Polish: Komisja Nadzoru Finansowego), which is the supervisory authority over the capital market in Poland. The bonds will be issued in series and offered on the terms and subject to the conditions described in the prospectus, the final terms of the offer and the final terms of issue. Detailed information on the number of bonds issued and offered in a given series and dates of opening and closing the subscription will be included in the final terms of the offering.
The prospectus does not contain all the information necessary to make an investment decision, because the final terms of issue and the final terms of the bond offer will not be determined until the relevant final terms of issue and final terms of the offer, and are not known at the time of the publication of the prospectus. One should not make an investment decision until one reads the final terms of issue and the final terms of the offer relating to the relevant bond issues and any addenda and updates to the prospectus.
The validity of the prospectus shall be 12 months from the date of its approval by the Polish Financial Supervision Authority, but not beyond the date on which all bonds covered by the prospectus are admitted to trading.
The prospectus, together with any addenda and updates to it, has been published and, at least for the duration of its validity, will be available in electronic form on the Company's website (www.orlen.pl) and additionally, for information purposes, on the website of the Offeror: Powszechna Kasa Oszczędności Bank Polski S.A. Branch – Dom Maklerski PKO Banku Polskiego w Warszawie seated in Warsaw (www.dm.pkobp.pl) .
The public offer is conducted only within the territory of the Republic of Poland. The information published on this website is not intended for publication or distribution outside the territory of the Republic of Poland. Outside the territory of the Republic of Poland, this prospectus cannot be treated as a proposal or offer of acquisition. Neither the prospectus nor the securities included therein have been the subject of registration, approval or notification in any country outside the Republic of Poland, in particular pursuant to the provisions of Directive 2003/71/EC of the European Parliament and of the Council of November 4, 2003, on the prospectus published when securities are offered to the public or admitted to trading, and amending Directive 2001/34/EC, or the legal provisions concerning the offer of securities effective in the United States of America. Securities covered by this prospectus may not be offered outside the territory of the Republic of Poland (including other countries of the European Union and the United States of America). Neither the Company nor any other entity acting on its behalf or for its benefit has taken or will take in the future any actions which could be considered as a public offer of securities of the Company covered by this prospectus in any country outside the Republic of Poland. The laws of certain countries outside the Republic of Poland may restrict the dissemination of information contained in these web pages. Any investors who reside or have their registered office outside the Republic of Poland should familiarise themselves with the provisions of the Polish law and the laws of other countries which may apply to them.
PLEASE BE ADVISED THAT THE MATERIALS AND INFORMATION WHICH YOU WILL BE GIVEN ACCESS TO AND USE OF: (I) ARE SUBJECT TO THE CONDITIONS DESCRIBED ABOVE, (II) ARE INTENDED FOR PERSONS/ENTITIES LOCATED IN AND ACCESSING THIS WEBSITE FROM THE TERRITORY OF POLAND, (III) ARE NOT DIRECTED AT PERSONS DEFINED AS "U.S. PERSON" AND AT PERSONS/ENTITIES ACTING FOR OR ON BEHALF OF A PERSON DEFINED AS A "U.S. PERSON" WITHIN THE MEANING OF REGULATION S UNDER THE U.S. SECURITIES ACT, (IV) IS NOT DIRECTED AT ANY PERSON OR ENTITY RESIDING IN, OR LOCATED IN CANADA, JAPAN, AUSTRALIA OR ANY OTHER JURISDICTION IN WHICH ACCESS TO THE MATERIALS AND INFORMATION AVAILABLE ON THIS WEBSITE WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION OR WOULD REQUIRE ANY REGISTRATION, NOTIFICATION OR AUTHORISATION UNDER SUCH JURISDICTION.
These materials are for informational purposes only and are not intended for use by U.S. entities or persons residing or operating within the United States. Persons accessing these materials hereby represent that they are not U.S. persons and are not located or domiciled in the United States or acting for such persons (within the meaning of Regulation S under the U.S. Securities Act). Please note that viewing and accessing these materials in violation of the terms and conditions set forth above may constitute a violation of securities laws, particularly in the United States of America.