Today, KRUK announced the allocation of 25 million PLN Series AN1 bonds. Subscriptions totaled PLN 46.2 million, resulting in a 45.8% reduction in subscription orders. The bonds, issued under the ninth bond program, were offered to retail investors. The price per bond is equal to its nominal value of 100 PLN. The bonds pay interest at a variable rate, based on 3M WIBOR plus a fixed margin of 4.0 percentage points per annum.
“Investor interest in KRUK bonds shows no signs of waning. We are pleased to have earned the trust of the investment community and believe it is underpinned by the strong KRUK brand built over the years, confirmed by our performance history In the fourth prospectus-based debt issue this year, investors subscribed for PLN 46.2 million of bonds, resulting in a 45.8% reduction in the ordered”comments Piotr Krupa, CEO of KRUK SA “KRUK is doing well and the position of our international group is solid. Next year we will celebrate the 25th anniversary of our company, and I have the feeling that the best years are still ahead of us. When I think of KRUK, I think of a continuous search for excellence, of a modern company taking advantage of its continuous technological transformation and the growing importance of our foreign markets. Thanks to the funding we have raised, we continue to ensure growth and success continuous from KRUK“, concludes Piotr Krupa.
KRUK S.A. published this content on November 29, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on November 29, 2022 11:30:36 AM UTC.