Polish Getin Noble Bank passes EUR 0.36bn bond programme

By bne IntelliNews July 9, 2014

The supervisory board of Getin Noble Bank has approved of the public bond issue programme worth of up to PLN 1.5bn (EUR 0.36bn). The lender plans to submit a prospectus related to the pending public offering of the bonds within days.

Under the new scheme, the bank wants to issue at least two tranches of bonds no later than 12 months. The notes are designed to be floated on the Warsaw Stock Exchange's bond market Catalyst.

A few days ago, Getin Noble Bank sold three-year bonds worth of PLN 350mn under the recently enlarged bond issue programme totalling PLN 2.0bn to institutional investors.

Getin Noble Bank is the second biggest bank controlled by Polish capital. We target our services at individual clients, small and medium-sized enterprises, local governments and corporations.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Alior Bank to pay out PLN570mn in first ever dividend

Alior Bank will pay out a dividend of PLN570mn (€122mn) from the profit generated in 2023, the Warsaw-listed lender said on February 28. The payout is in line with recommendations of the Polish ... more

EBRD buys into Poland’s Pekao Eurobond issue

The European Bank for Reconstruction and Development (EBRD) invested €20mn in debut Eurobonds issued by the state-controlled Bank Pekao, the second-largest Polish lender by assets, the EBRD said on ... more

Four Polish lenders form consortium to finance Polsat Plus Group’s wind farm project

PKO Bank Polski, along with three other banks, has entered into a consortium agreement with Great Wind, a subsidiary of the Polsat Plus Group, a media and entertainment company, to finance the ... more

Follow Us On

Most Read

  1. Iran vs Israel: Who is better equipped for war?
    6 days ago
  2. Saudi Arabia to scale back plans for Neom city
    10 days ago
  3. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  4. BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
    6 days ago
  5. Russia’s war economy boosted by rising oil prices
    4 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    20 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    25 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    30 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    23 days ago

Reports

Dismiss