Bond Issuance Program
I - Bond Issuance Program - 27 May 2019
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 S.A., 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 B were issued.
The issue was a private placement, restricted to investors in the Republic of Poland.
| Issuer's name | KGHM Polska Miedź S.A. |
| Catalyst markets | GPW ATS, BS ATS1) |
| Type of instrument | Bearer bonds series A and B |
| Issue value | PLN 2 000 000 000 |
| Type of offer | private placement/non-public |
| Coupon Series A bonds: Series B bonds: |
WIBOR6M plus a margin of 1.18% WIBOR6M plus a margin of 1.65% |
| Security | none |
1) GPW Alternative Trading System (or ASO GPW), BondSpot Alternative Trading System (or BS ASO)
Details regarding the issued bonds
| Series A bonds | Series B bonds | |
| Date of allocation | 27 June 2019 | 27 June 2019 |
| Number of bonds offered | 400 000 | 1 600 000 |
| Number of bonds allocated | 400 000 | 1 600 000 |
| Nominal value | PLN 1 000 | PLN 1 000 |
| Issue value | PLN 1 000 | PLN 1 000 |
| Total issue value | PLN 400 000 000 | PLN 1 600 000 000 |
| Coupon | WIBOR6M plus an annual margin of 1.18% | WIBOR6M plus an annual margin of 1.65% |
| Precedence | none | none |
| Financial covenants | none | none |
| Maturity | 27 June 2024 | 27 June 2029 |
| The purpose of the issue | not stated | not stated |
| Documents (in Polish only) |
Information Note Series A |
Information Note Series B |
| Debut on Catalyst | 3 October 2019 | 3 October 2019 |
| ATS codes | KGH0624 | KGH0629 |
Bonds quotes
Information on the listing of bonds in the ATS, including a yield calculator, is available on the Catalyst website, in particular:
II - Bond Issuance Program - 29 May 2024
Bonds were issued under the bond issuance program in the amount of up to PLN 4 000 000 000 based on an issue agreement entered into on 29 May 2024 between KGHM Polska Miedź S.A. and the banks Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna, Bank Polska Kasa Opieki Spółka Akcyjna and Santander Bank Polska Spółka Akcyjna as Organisers and Dealers. Under the Bond Issuance Program, bonds of series C were issued.
| Issuer's name | KGHM Polska Miedź S.A. |
| Catalyst market | ASO GPW1) |
| Type of instrument | Bearer bonds series C |
| Issue value | PLN 1 000 000 000 |
| Type of offer | Private placement/non-public |
|
Coupon Series C bonds |
WIBOR 6M plus a margin of 1.25% |
| Security | none |
1) GPW ASO – Warsaw Stock Exchange Alternative Trading System
Details regarding the issued bonds
| Series C bonds | |
| Date of allocation | 26 June 2024 |
| Number of bonds offered | 1 000 000 |
| Number of bonds allocated | 1 000 000 |
| Nominal value | PLN 1 000 |
| Issue value | PLN 1 000 |
| Total issue value | PLN 1 000 000 000 |
| Coupon | WIBOR 6M plus an annual margin of 1.25% |
| Precedence | none |
| Financial covenants | none |
| Maturity | 26 June 2031 |
| Purpose of the issue | not stated |
| Documents (in Polish only) | Information Note Series C Interest table (1st period) Interest table (2nd period) |
| Debut on Catalyst | 16 September 2024 |
| ATS code | KGH0631 |
Bonds quotes
Information on the listing of bonds in the ATS, including a yield calculator, is available on the Catalyst website, in particular:
Bonds Series C
Other information:
Regulatory filing of 14 June 2024
Forecasts of financial liabilities:
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.
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