Fixed income investors

Bonds of KGHM Polska Miedź S.A. series A and B

Details regarding the issued bonds

Bonds were issued under the Bond Issuance Program in the amount PLN 4 000 000 000 based on an issue agreement entered into on 27 May 2019 between KGHM Polska Miedź S.A. and the following banks: Bank Handlowy w Warszawie S.A., Bank Polska Kasa Opieki SA., Powszechna Kasa Oszczędności Bank Polski S.A. and Santander Bank Polska S.A. („Bond Issuance Program”). Under the Bond Issuance Program, bonds of series A and Series B were issued. 

Issuer's name

KGHM POLSKA MIEDŹ S.A.

Catalyst markets

ASO GPW, ASO BS

Type of instrument

Bearer bonds series A and B

Issue value

PLN 2 000 000 000

Coupon

Series A bonds: WIBOR6M plus a margin of 1.18%
Series B bonds: WIBOR6M plus a margin of 1.65%

Security

none

Bonds series A

Date of allocation: 27 June 2019

Number of bonds offered: 400 000

Number of bonds allocated: 400 000 

Nominal value: PLN 1 000

Issue value: PLN 1 000

Total issue value: PLN 400 000 000

Coupon: WIBOR6M plus an annual margin of 1.18%

Precedence: none

Financial covenants: none

Maturity: 27 June 2024

The purpose of the issue was not stated. 

 

Bonds series B

Date of allocation: 27 June 2019

Number of bonds offered: PLN 1 600 000

Number of bonds allocated: PLN 1 600 000

Nominal value: PLN 1 000

Issue value: PLN 1 000

Total issue value: PLN 1 600 000 000

Coupon: WIBOR6M plus an annual margin of 1.65%

Precedence: none

Financial covenants: none

Maturity: 27 June 2029

The purpose of the issue was not stated.

 

Senior Notes of KGHM INTERNATIONAL LTD.

On 15 June 2015 the 7.75% Senior Notes issued by Quadra Mining Ltd. (now KGHM International Ltd.) in a private placement in 2011 in the principal amount of $500m were redeemed in full. KGHM International LTD. has exercised the option for early redemption of the Senior Notes in whole at their nominal price plus a premium of 3.875%.

Further information on the redemption of the senior notes was provided in regulatory filing numbers 19/2015 and 19/2015.

Click here to see the archival reports of KGHM International.