Bonds

Cyfrowy Polsat S.A. - PLN, series B Bonds 

Key Information

Issuer:  Cyfrowy Polsat S.A.  
Series/ISIN: Series B, PLCFRPT00047 (CPS0426)  
Stock Exchange: Catalyst (ASO GPW) 
Nominal value: PLN 1,000  
Number of the bonds: 1,000,000  
First and last days of interest periods: April 26 and October 26 (excl. the last interest period where the last day is April 24)  
Interest: variable  
WIBOR 6M + 175 bps  if leverage ratio <3.5x
WIBOR 6M + 200 bps if leverage ratio  3.5-4.0x
WIBOR 6M + 250 bps if leverage ratio >4.0x
Maturity: April 24, 2026
Method of offering bonds: public offer to professional clients
Security: none  
Call Schedule: Date: Call price:
  until April 26, 2020  103.00%
  until April 26, 2021  101.50%
until April 26, 2022 100.75%
until April 26, 2023 100.50%
after April 26, 2023 100.00%

Documents related to the issue of series A Bonds

Ratings

corporate rating of the Grouplast update
Standard & Poors BB+, positive December 18, 2018
Moody's Ba1, stable June 11, 2019

Analysts responsible for Cyfrowy Polsat's credit ratings:

Standard & Poors
Justine Miquee
e-mail: justine.miquee@spglobal.com

Moody's
Victor Garcia Capdevila
e-mail: victor.garciacapdevila@moodys.com 
http://www.moodys.com/

Last updated 10/23/2019