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Kruk S.A. — Capital/Financing Update 2019
Jun 3, 2019
5678_rns_2019-06-03_3c4c3e10-4be7-4600-a2f4-0a711d8a457a.html
Capital/Financing Update
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Current Report No. 28/2019
Date of the report: June 3rd 2019
Subject: Private issue of unsecured bonds
Legal basis: Art. 17.1 of MAR - Inside information
Text of the report:
The Management Board of KRUK S.A. ("Company", "Issuer") announces thaton June 3rd 2019 it passed a resolution to issue unsecured Series AH1bonds ("Bonds"). Under resolution, the Company has resolved to issue upto 35.000 Bonds with a nominal value of PLN 1.000 per bond, maturing 72months after the allotment date. The Bonds will be offered at the issueprice equal to their nominal value. The Bonds will bear interest and theinterest on the Bonds will be payable every 3 months. The bonds will beissued in accordance with, and will be governed by, Polish law. TheBonds will be offered in a private placement. Bonds will be issued byJuly 31st 2019, in book-entry form. The intention of the Issuer isregistration of the Bonds in the National Depository of Securities S.A.and placing on the market in the alternative trading system on theCatalyst market.