BEST S.A. remains active in the bond market, having successfully completed the subscription for its AC2 Series securities. As a leading player in the debt management industry, the company saw a total subscription value of PLN 114.4 million, resulting in a 65% reduction.

This marks another successful bond issue by BEST S.A. The previous offering, Series AC1, valued at PLN 25 million, attracted significant investor interest, with subscriptions totalling PLN 135.8 million – a reduction by 81.7 percent.

– We are thrilled by the strong demand for our offering, commented Krzysztof Borusowski, President of the Management Board of BEST. We sincerely thank our investors for their trust and interest in the company’s bonds. We are committed to taking all necessary steps to expand BEST Group’s operations both domestically and internationally.

As part of the AC2 issue, BEST S.A. offered 5-year bonds worth PLN 40 million (400,000 series AC2 bonds with a nominal value of PLN 100 each). Their interest rate, based on WIBOR 3M plus a margin of 4.2%, can amount to 10.05% in the first interest period. The coupon on the bonds will be paid quarterly, and the bonds will be redeemed on 22 August 2029. They will be listed on the Catalyst market.

The series AC1 and AC2 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 and AC2 issue.

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