Project Notice |
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PNR | 63400 |
Project Name | Project Mazurka (Bail-in-able programme) |
Project Detail | Location: Poland Project number: 53460 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 21 Jul 2023 Status: Signed English-language PSD published: 31 Jul 2024 EBRD invested EUR 30 million in senior non preferred bonds placed by mBank S.A. as part of a EUR 750 million Green Bond issuance to be listed on the Luxemburg Stock Exchange. The bonds have a 4-year maturity with a call option in 3-years time. Project Objectives The project supports the resilience and regulatory compliance of mBank, the fifth largest commercial and systemically important institution in Poland, building resilience to market shocks by contributing to the gradual build-up of its loss absorption capacity in the form of eligible bail-in-able instruments. The project also delivers on the Banks green agenda and national green economy priorities for Poland. |
Funded By | European Bank for Reconstruction and Development (EBRD) |
Sector | Forestry |
Country | Poland , Central Europe |
Project Value | PLN 820,000,000 |
Contact Information |
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Company Name | MBANK |
Web Site | https://www.ebrd.com/work-with-us/projects/psd/53460.html |