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Allior makes a BIG bond issue statement

TAG'S: Alior Bank SA, Banking

Alior Bank will sell up to PLN 250 mln worth of 3Y unsecured bonds at 6M Wibor plus 1.19% margin in a private placement, the bank said in a market filing.

The bonds will be issued on August 11, 2017.

 

Overall demand by potential investors in the book building process exceeded PLN 400 mln, the bank said.

On July 7, Alior said it made a decision to launch book building process for a PLN 250 mln private placement for variable rate bonds. The bank expected to conduct the issue in Q3, subject to market conditions.

 
 

2017-07-26



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