Bank Pekao has 2020 vision for debut Eurobond

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By Francesca Young
08 Aug 2019

Poland's Bank Pekao is planning to tap the Eurobond market for the first time in 2020, in order to set down a senior benchmark for the subsequent issuance of capital ratio raising bonds, according to Pawel Rzezniczak, head of investor relations and corporate development at the bank.

“I don’t foresee us printing Eurobonds this year but maybe next year,” he said. "We’re hoping for a euro benchmark size bond — a minimum of €450m-€500m.

“We want to print Eurobonds predominantly for regulatory purposes, especially with the new MREL [Minimum Requirement for own funds and Eligible ...

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