Current Report 

Drafted on:

14.03.2017

Current report No

13/2017

Abbreviated issuer’s name

mBank

Contents: 

The security deposit comprises funds raised by mFinance France S.A. on 14 March 2017 from the issue of Euronotes with a nominal value of CHF 200,000,000.00 (equivalent to PLN 807,320,000.00 at the fixing rate of the National Bank of Poland as at 14 March 2017) maturing in 2023 and will be used to back the guarantee issued by the Bank to secure the payment obligations arising from the Euronotes. The interest on the Euronotes is 1.005% p.a. The Euronotes will be quoted in Zurich.

The security deposit will be owned by the Bank until the Euronotes are repaid in 2023.

The Bank will pay fixed interest and an additional redemption premium amounting to CHF 725,000.00 (PLN 2,926,535.00 at the fixing rate of the National Bank of Poland as at 14 March 2017) to mFinance France S.A., the provider of the security deposit, on an annual basis.

The security deposit agreement includes no conditions subsequent or precedent. The agreement provides for no contractual penalties.

Deputy Director of the Compliance Department

Maciej Mołdawa 14.03.2017