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The material set forth herein is for informational and promotional purposes only and does not constitute an offer of securities for sale in the United States or any other. The Bank’s securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (“Securities Act”), or the laws of any state, and may only be offered or sold within the United States under an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. No public offering of the Bank’s securities will be made in the United States.
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Legal basis:
Paragraph 5.1.26 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and the conditions for regarding information required by the law of a non-member state as equivalent.
The report:
The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (“Bank”) hereby informs that the rating agency, Standard and Poor’s, granted on 20 September 2012 the rating for the issue of USD-denominated bonds issued by the PKO Finance AB on the basis of documentation applicable on the debt market in the United States, pursuant to Rule 144A issued under the U.S. Securities Act (“USD Issue”). About the USD Issue the Bank informed in current report No. 71/2012 dated 18 September 2012 r.
The USD Issue is rated at “A-” (on a scale of marks from the best: AAA, AA, A, BBB, BB, B, CCC, CC, C, D; with a possibility of adding a plus (+) or minus (-) to the marks from AA to CCC to show relative standing within the major rating categories).
The Bank has got ratings assigned on the 8th May 2012 by Standard and Poor’s of: the Bank long-term counterparty credit rating of “A-“ with stable outlook, the Bank short-term counterparty credit rating of “A-2” with stable outlook.