Bank Pekao S.A. Supports Processes of Importance to Poland and Europe

The financial sector has an important role to play in creating a sustainable economy and reducing environmental emissions. Bank Pekao S.A. is successfully pursuing this mission.

The end of 2023 brought a spectacular success for Bank Pekao when it issued its first international green bond. Bank Pekao's Senior Non-Preferred Eurobonds have a nominal value of EUR 500 million and mature in November 2027.

“Behind us is the bank's first historic green, international and benchmark issue and, most importantly, a very successful one, placed at a record low margin of 240 bp and with very strong investor interest”, commented Leszek Skiba, CEO of Bank Pekao S.A.

Bank Pekao's Eurobond was subscribed in November 2023 with investors reporting demand of more than EUR 1.5 billion. The debt securities went to 110 entities, and the reduction rate reached 66.77 per cent. The notes were issued under EMTN's EUR 5 billion medium-term Eurobond programme.