By Reshmi Basu
New York, May 25 - Bank BPH Spolka Akcyjna sold €500 million of five-year notes at par under its euro medium-term notes program, according to a news release.
The notes will bear a floating rate coupon based on three-month Euribor. Initial interest is 2.366%.
BPH Finance plc, a special purpose vehicle, was used to sell the securities.
The financial services institution is based in Krakow, Poland
Issuer: BPH Finance plc
| Amount: | €500 million
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| Issue: | Floating rate
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| Maturity: | May 24, 2010
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| Issue price: | Par
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| Settlement date: | May 24
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