Bank Polska Kasa Opieki S.A. completed its subscription for sustainable Tier 2 subordinated eurobonds. The bank raised a total of €500 million through its EMTN program.
Investors submitted orders totaling approximately €1.79 billion. This high demand led to an oversubscribed issuance. The bank set the allotment date for July 6, 2026.
The bonds have an 11-year maturity. Bank Pekao maintains an option for early redemption after six years. The interest rate margin is 145 basis points.
The placement reinforces the bank's capital structure. It also confirms investor support for sustainability-focused financing initiatives.