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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.
It may be unlawful to distribute this document in certain jurisdictions. In particular this document is not for distribution in Canada, Japan or Australia. The information in this document does not constitute an offer of securities for sale.
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, Moody’s Investors Service, granted on 3 October 2012 the rating for the issue of USD-denominated bonds issued by 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 (the “USD Issue”) for the sole purpose of financing a USD-denominated senior loan granted to PKO Finance AB, as the lender, and the Bank, as the borrower, under a loan agreement (the “USD Loan Agreement”). The Bank informed about the USD Issue in the current report No. 71/2012 dated 18 September 2012 r. and about the USD Loan Agreement in the current report No. 75/2012 dated 20 September 2012 r.
The USD Issue has been rated at “A2”.
The Bank has got the following ratings by Moody’s Investors Service:
- the Bank long-term debt rating of “A2“ with negative outlook and
- the Bank short-term debt rating of “Prime-1”.