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mBank issues bonds worth z³.500 million

5th December 2013
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Poland's first online bank mBank, a unit of German Commerzbank, has issued subordinated bonds worth z³.500 million, the bank reported in a statement on Wednesday. The bonds mature on December 20, 2023.

The online lender plans to list the bonds within the trading system of BondSpot, one of the trading units of the Warsaw Stock Exchange. The lender also said that it would ask the Financial Supervision Authority for permission to count the issue proceeds as additional own funds.

Poland A.M.
 


From Warsaw Business Journal


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