Best to issue 10 million pln unsecured bonds

The Management Board of Best said it will issue 100,000 series W2 bonds with a nominal value of PLN 100 each, ie with a total nominal value of PLN 10 million, under the previously adopted program. Subscriptions for bonds will be accepted from September 23 to October 6 this year.

The bonds will not be secured and will be offered at an issue price equal to the nominal value of the bonds. They will be redeemed on October 8, 2026.

“Taking into account the current market conditions, we decided to return to proven solutions and offer bonds with a floating interest rate. We hope that, combined with an attractive margin, this will translate into interest in Best debt securities among individual investors, ”said President Krzysztof Borusowski, quoted in the release.

Subscriptions for W2 series bonds will be accepted from September 23 to October 6 this year. by Dom Maklerski Banku Ochrony Środowiska, Michael / Ström Dom Maklerski, Ipopema Securities and Noble Securities.

The funds obtained from the issue of bonds are going to be used primarily by the group to purchase new debt portfolios.

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