Current reports

Current report no. 22/2009 - Agreement on acquiring and selling bonds of Bank Gospodarstwa Krajowego

Legal basis: § 5 section 1 item 1 of the Ordinance of the Minister of Finance on current and periodical information provided by issuers of securities and conditions for recognizing as equivalent information required under the law of a non-member state dated 19 February 2009 (Journal of Laws No. 33, item 259).

Following the Program Agreement signed on 28 July 2009 by and between, among others, Bank Gospodarstwa Krajowego and Bank Handlowy w Warszawie S.A., establishing the Bonds Issue Program by Bank Gospodarstwa Krajowego, under the provisions of the aforementioned Agreement, on 6 August 2009 Bank Gospodarstwa Krajowego made an offer to Bank Handlowy w Warszawie S.A. to purchase Series BGKBH0001 bonds totaling PLN 600,000,000.00 and bearing an issue date of 11 August 2009 in the primary market, issued under Art. 9.3) of the Bonds Act of 29 June 1995 (unified text: Journal of Laws of 2001, No. 120 item 1300), and on 7 August 2009 Bank Handlowy w Warszawie S.A. accepted the offer to purchase Series BGKBH0001 bonds in order to sell them to investors in the secondary market. At the same time Bank Handlowy w Warszawie S.A. concluded a number of agreements to sell Series BGKBH0001 bonds in the secondary market effective on the issue date, i.e. 11 August 2009. The Agreement to purchase Series BGKBH0001 bonds from Bank Gospodarstwa Krajowego and the agreements to sell Series BGKBH0001 bonds to investors will be settled on the issue date and at the issue price.