Information on the issue of series B bonds by the subsidiary Unidevelopment SA
In reference to the information provided in the content of the current report No. 22/2023 of 10 March 2023, regarding the launch by the subsidiary Unidevelopment SA [Unidevelopment] of a bond issuance programme up to the amount of PLN 35 million, and information provided in the content of the current report No. 30/2023 of 5 April 2023 concerning the bond A series issuance, the Management Board of Unibep SA (Issuer, Company) informs about the issuance by Unidevelopment on 30 May 2023, under the above-mentioned programme, of 11 400 B bonds with a nominal value and an issue price of PLN 1.0 per bond, i.e. up to the total amount of PLN 11.4 million (Bonds)
The Issuer indicates that after deducting of the issuance costs, all proceeds from the issuance of Bonds will be used to finance the working capital of the Unidevelopment Group.
The Bonds will be mortgage-backed and will bear an interest rate equal to WIBOR 3M increased by the margin for investors. The Bonds will be redeemed no later than 3 years after the issuance.
Unidevelopment will apply to have its bonds listed on Catalyst, alternative trading system.