Brief: mBank Issues EUR 400 Mln Tier 2 Bonds Under EMTN Program

Mbank SA

18/06/2025 06:19

June 18 (Reuters) - mBank SA MBK.WA:

SAID ON TUESDAY IT COMPLETED SUBSCRIPTION OF EUR 400 MLN TIER 2 SUBORDINATED BONDS UNDER ITS EMTN PROGRAM

BOND REDEMPTION DATE SET AT SEP 25 2035

THE BONDS HAVE A TENOR OF 10.25 YEARS, WITH THE BANK HAVING THE RIGHT TO REDEEM AFTER 5 YEARS

THE ISSUE WAS OVERSUBSCRIBED WITH SUBSCRIPTIONS FOR 36,037 BONDS AND ALLOCATION OF 4,000 BONDS, A REDUCTION RATE OF 88.9%

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 (Gdansk Newsroom)

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