Bond Issue Programme 2011
On 29 April 2011 the Company issued – in accordance with Art 9 of the Bonds Act – unsecured, non-subordinated, dematerialised PLN bonds, with a total par value of PLN 107,000,000 (one hundred and seven million zloty), whose holders will be entitled to receive cash benefits only (“the Bonds”). The Bonds, issued to refinance the Company’s outstanding debt, are subject to the following terms:
| Par Value per Bond: |
PLN 10,000 (ten thousand zloty) |
| Issue Price: |
PLN 10,000 |
| Interest Rate: |
Base Rate plus Margin, i.e.
6M WIBOR (determined in accordance with the Terms of the Bonds) plus Margin |
| Redemption Amount: |
The Bonds shall be redeemed on the Redemption Date at amounts equal to their Par Value, taking into account any Instalment Amounts paid earlier. |
| Issue Date: |
29 April 2011 |
| Redemption Date: |
29 April 2016 |
| Redemption Terms: |
The Bonds shall be redeemed by way of cash payments made on the Redemption Date, at amounts equal to the Par Value of the Bonds plus interest due.
Benefits under the Bonds shall be paid to the Bondholders registered on the date when rights to benefits under the Bonds are established.
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