BANK PEKAO, S.A. In reference to current report No. 20/2018 dated 11th September 2018 and current report No. 22/2018 dated 4th October 2018, Bank Polska Kasa Opieki S.A. ('Bank')informs that on 26th October 2018 it received the decision of the Polish Financial Supervision Authority on expressing consent to qualify by the Bank 400 (in words: four hundred) the C series subordinated bonds with a total nominal value of PLN 200,000,000 (in words: two hundred million zlotys) ('Series C Bonds') as instruments in Tier II capital of the Bank as stated in Article 63 of Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26th June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No. 648/2012, on terms specified in the documents submitted by the Bank in Office of the Polish Financial Supervision Authority, i.e. inter alia in Terms and Conditions of Series C Bonds.
Simultaneously with the issuance of Series C Bonds, Bank issued the B series subordinated bonds with a total nominal value of PLN 550,000,000 (in words: five hundred and fifty million zlotys) ('Series B Bonds'). The application of the Bank to the Polish Financial Supervision Authority for the consent to qualify by the Bank the Series B Bonds as instruments in Tier II capital of the Bank is currently being examined.
Legal basis: Article 17 (1) of MAR - inside information
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Bank Pekao SA published this content on 26 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 October 2018 21:16:06 UTC
