BEST S.A., a leading player in the debt management industry, concluded the subscription period for its Series AC1 bonds ahead of schedule due to overwhelming demand. The 5-year bonds, with a total offering of PLN 25 million, saw subscriptions amounting to PLN 135.8 million.
As a result, the company decided to close the subscription early, applying an 81.7% reduction to manage the excess demand.

BEST S.A. offered its investors 250,000 series AC1 bonds with a nominal value of PLN 100 each. The bonds will feature quarterly coupon payments and are set to mature on August 7, 2029. The interest rate for the bonds, which is based on WIBOR 3M plus a 4.5% margin, will be 10.36% for the first interest period.The bonds will be listed on the Catalyst market.

– The success of our bond issue validates BEST S.A.’s strategy of rapid growth. As previously stated, we will allocate the funds raised to acquire portfolios in Poland and Italy. Meanwhile, our financial results continue to improve. We greatly value the strong interest from investors and, in response, plan to offer another bond issue in the near future, announced Krzysztof Borusowski, President of the Management Board of BEST.

The series AC1 bond offering is part of a public bond issue programme with an aggregate nominal value of up to PLN 250 million carried out by BEST under a base prospectus approved by the Polish Financial Supervision Authority on 28 June 2024, including any supplements and update notices, and the final terms and conditions of the series AC1 issue.

This advertisement pertains to the public offering of Series AC1 bonds (‘Bonds’) issued under the bond issue programme established by BEST S.A. (‘Issuer’). In connection with this programme, the Issuer has prepared a base prospectus, which was approved by the Polish Financial Supervision Authority (‘PFSA’) on June 28, 2024 (‘Prospectus’). Please note that the PFSA’s approval of the Prospectus does not constitute an endorsement of the Bonds. Investing in the Bonds involves various risks inherent in debt securities and those associated with the Issuer’s business. These risks are detailed in the Prospectus under ‘Risk Factors’. Potential investors are encouraged to thoroughly review the Prospectus, any supplements, and the Final Terms and Conditions for the Bonds (‘Final Terms’) to fully understand the potential risks and rewards before making an investment decision. The Prospectus is available on the Issuer’s website at www.best.com.pl/prospekt, and the Final Terms can be found at www.best.com.pl/warunki-emisji. For additional reference, both the Prospectus and the Final Terms are also published on the website of Dom Maklerski Banku Ochrony Środowiska S.A. at https://bossa.pl/oferta/rynek-pierwotny/emisje/best-sa-seria-ac1. The Prospectus and the Final Terms are the sole binding documents governing the offering of the Bonds.

This advertisement is not intended to be distributed, either directly or indirectly, within the United States of America or any other countries where the public dissemination of this information may be restricted or prohibited by law.

Investing in bonds involves the risk of losing some or all of the invested money.