POLSKI KONCERN NAFTOWY ORLEN SA (156/2017) ORLEN Asfalt Sp. z o.o. purchased bonds issued by PKN ORLEN SA

The Management Board of Polski Koncern Naftowy ORLEN SA ("PKN ORLEN SA", "Issuer") informs that in order to optimize liquidity management in the ORLEN Capital Group, on 7 December 2017, it issued short-term bonds to the subsidiary ORLEN Asfalt Sp. z o.o. ("ORLEN Asfalt"), as part of the Bond Issue Program, which the Issuer has signed with a consortium of 6 banks in November 2006. The Bonds are used in managing the working capital of the ORLEN Capital Group. The Bonds were issued in accordance with the Act of 15 January 2015 on bonds (Journal of Laws of 2015, item 238.), in Polish zlotys, as bearer, dematerialized, unsecured, zero-coupon securities. Bonds will be redeemed at nominal value. Bonds acquired today by ORLEN Asfalt have been issued by PKN ORLEN S.A. in the series ORLEN1460 080118 with a total value of PLN 10,000,000, which consists of 100 bonds with a nominal value of PLN 100,000 each bond, on the following terms: - Issue date: December 7, 2017 - Date purchase: January 8, 2018 - Bond yield: based on market terms, the unit issue price was PLN 99,852.70. PKN ORLEN SA holds 100% of shares in the share capital of ORLEN Asfalt. See also: current report no 75/2006 of November 27, 2006.

Source: company website, investor relations, current and periodic reports.

Company information
Company name:Polski Koncern Naftowy Orlen SA
Adress: ul. Chemików 7 09-411 Płock
Phone:+48 24 3650000

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