Current Report 

Drafted on:

09.10.2018

Current report No

50/2018

Abbreviated issuer’s name

mBank

Contents: 

The Management Board of mBank S.A. with its registered office in Warsaw ("Bank") informs that on 9 October 2018 the Bank issued (as a private placement issuance carried out in Poland and addressed to professional clients and eligible counterparties within the meaning of MiFID II), two series of unsecured subordinated bonds having the following parameters:

1) with regard to 10-year maturity bonds:

(a) aggregate nominal amount of PLN 550 mn (in words: five hundred fifty million zlotys),

(b) floating rate: WIBOR 6M + 1.8% p.a. payable semiannually,

(c) maturity date: 10 October 2028,

(d) call option date: 10 October 2023 (subject to KNF approval),

(e) par value of one bond: 500,000.00 PLN (in words: five hundred thousand zlotys).

2) with regard to 12-year maturity bonds:

(a) aggregate nominal amount of PLN 200 mn (in words: two hundred million zlotys),

(b) floating rate: WIBOR 6M + 1.95% p.a. payable semi-annually,

(c) maturity date: 10 October 2030,

(d) call option date: 10 October 2025 (subject to KNF approval),

(e) par value of one bond: 500,000.00 PLN (in words: five hundred thousand zlotys).

The bonds are governed by Polish law. The Bank is going to apply to Polish Financial Supervision Authority for qualifying the bonds as the Bank’s Tier 2 instruments.

Director of the Compliance Department

Agata Rowińska 09.10.2018