The Management Board of P4 sp. z o.o. (“Issuer”, “Play”), the company belonging to French Iliad Group (herein being Iliad SA and its subsidiaries), hereby informs that on February 18, 2025, Play decided to issue of no more than 700,000 unsecured bearer series C 5-year bonds with a nominal value of PLN 1,000 (one thousand PLN) per each bond and with total nominal value of no more than PLN 700,000,000 (the “Bonds”), under the Program Agreement dated December 23, 2024, executed by and between the Issuer and Santander Bank Polska S.A., Powszechna Kasa Oszczędności Bank Polski S.A. and Bank Polska Kasa Opieki S.A., acting, inter alia, as the Dealers, and in connection with the letter inviting Trigon Dom Maklerski S.A. to act as an Additional Dealer.
The Bonds will be qualified as green bonds with bond proceeds allocated towards refinancing and financing of projects in line with Green Financing Framework of Iliad Group aiming mainly at Issuer’s network modernization (both mobile and fixed) using latest technology making networks more energy efficient.
Issuance of the Bonds will be pursuant to Article 33.1 of the Act on Bonds of January 15, 2015, on the basis of an exception from the requirement to draw up and approve prospectus referred to in Article 1 sec. 4 item (a) of the Prospectus Regulation 2017/1129 (the “Issue”). Issuer intends to introduce the Bonds to trading in the Alternative Trading System operated by the Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie S.A.).
Basic information about the Issue:
1. Series: C
2. The maximum number of Bonds to be issued: 700,000
3. Issue Date: 27 February 2025
4. Maturity Date: 27 February 2030
5. Maximum total nominal value of the Bonds: PLN 700,000,000
6. Nominal value of one Bond PLN 1,000
7. Issue price of one Bond PLN 1,000
8. Interest: Variable
9. Base Rate: WIBOR 6M
10. Margin: 180 bps
11. Interest Periods: Semi-annual
12. Use of proceeds: In line with Green Financing Framework
Legal basis: Article 17 sec. 1 MAR.