Brief: mBank Settles 5.24 Bln Zloty Synthetic Securitisation Transaction

Mbank SA

06/11/2024 14:15

Nov 6 (Reuters) - mBank SA  MBK.WA :
    * SETTLES SYNTHETIC SECURITIZATION TRANSACTION ON CORPORATE
LOANS
OF NOMINAL VALUE AT 5.24 BILLION ZLOTYS
    * BANK HAS OPTION TO INCREASE TRANSACTION VALUE TO PLN 7
BILLION
    * BANK ALSO ISSUES CLN BONDS WORTH PLN 560 MILLION
    * STICHTING PGGM CREDIT RISK SHARING FUND IS INVESTOR IN CLN
BONDS
    * UPON ISSUANCE CLN BONDS WERE PAID OFF IN AMOUNT OF ABOUT
PLN 419
MILLION

Source text:  urn:newsml:reuters.com:*:nEMc16CwDa
Further company coverage:  MBK.WA 

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