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Polski Koncern Nft. (POKD)

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Wednesday 30 January, 2013

Polski Koncern Nft.

Anwil bought PKN ORLEN bonds

RNS Number : 7236W
Polski Koncern Naftowy Orlen S.A.
30 January 2013
 



PKN ORLEN's subsidiary - Anwil - has purchased bonds issued by PKN ORLEN

Regulatory announcement no 40/2013 dated 30 January 2013

 

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN") hereby informs that in order to optimise the management of financial liquidity within the ORLEN Capital Group, on 30 January 2013 PKN ORLEN issued short term bonds to its subsidiary, Anwil S.A. ("Anwil"). The bonds were issued in accordance with the Bond Issue Programme signed by PKN ORLEN and a syndicate of 6 banks in November 2006.

 

The bonds are used for managing the working capital of ORLEN Capital Group. 

 

The bonds were issued in compliance with the Law on Bonds dated 29 June 1995 (unified text: Journal of Laws, 2001 No 120, point 1300 with subsequent changes) in Polish zlotys, as bearer, dematerialized, unsecured, and zero-coupon securities. The redemption of the bonds will be at their nominal value.

 

The bonds purchased today by Anwil were issued by PKN ORLEN with the following issue conditions:

Series: ORLEN811 120213; value of the bond issue PLN 30 000 000 composed of 300 bonds with a nominal value of  PLN 100 000 per bond.

- Date of issue: 30 January 2013

- Redemption date: 12 February 2013

- Yield on bonds: based on market conditions, unit nominal price amounted to PLN 99 853.20.

 

PKN ORLEN owns 100% of the registered capital of Anwil.

 

See also: regulatory announcement no 75/2006 dated 27 November 2006.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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