WARSAW, March 7 PKO Bank Hipoteczny, owned by
top Polish lender PKO BP, plans to issue eurobonds
backed by a portfolio of zloty-denominated mortgages, the bank
said on Tuesday.
It said the issue would be worth at least 500 million euros
($529 million) and that it has mandated banks LBBW, PKO BP,
Santander, SG CIB, and UniCredit as joint bookrunners to arrange
a series of investor meetings in Europe.
"A euro-denominated ... covered bond benchmark transaction
backed by Polish PLN-denominated residential mortgage loans will
follow, subject to market conditions," PKO Bank Hipoteczny said
in a statement.
($1 = 0.9448 euros)
(Reporting by Marcin Goclowski; editing by Jason Neely)