BEST bonds available for investment account holders at any brokerage house

Subscription for K2 series of bonds issued by BEST will be available for investors who have investment accounts at any brokerage house, rather than just those with such an account at mBank Brokerage House. The subscription period is extended by 3 days, whereas the prospective issue date and thus the interest period remain the same.


The BEST Board of Directors, who manage one of the leading companies in the debt collection industry in Poland, have decided to change the regulations concerning the subscription for K2 series bonds within the second public offering for retail investors. The change enables investors who already have an investment account at any brokerage house to subscribe to the bonds. Therefore, having an investment account at mBank Brokerage House, acting as the Offerer, is no longer necessary. The company also decided to extend the subscription period by three days, to October 17.


"We have observed great interest in the K2 series fixed rate bonds, with an annual interest rate of 6%. The numerous inquiries from potential investors prove this interest. By phone and investor chat, which we organised last year, investors have indicated that having an account at the brokerage house that runs the subscription can be an inconvenience. This concerns especially those investors who already have an account, or even several accounts, at other brokerage houses. That is why, in agreement with the Offerer, we have introduced new subscription possibilities," says Krzysztof Borusowski, BEST Management Director.


Due to the extension of the subscription period to October 17, the prospective allotment date has been changed to October 20. The prospective issue date, October 30 of this year, remains the same. Therefore, extension of the subscription period does not cause any change in the interest periods defined in the Final Terms of Issue.


K2 series bonds are 4-year bonds, bearing interest at an annual fixed interest rate of 6%. Interest will be disbursed to the investors every 3 months. The offering concerns 500,000 bonds with the nominal value of 100 PLN each. Therefore, the aggregate issue value could amount to 50,000,000 PLN.


The company is planning to submit the bond’s to trading on the regulated market operated by WSE. Prospective debut on Catalyst is November 13 of this year.


Current schedule of BEST K2 series bonds by public offering:

Beginning of subscription date (‘Subscription Date’):


End of subscription date:


Allotment date:


Prospective Issue Date:


Prospective date of Offering results publication:

until 25/10/2014

Prospective date of bonds’ admission to trading:




This press release is strictly promotional. The only legal source of information concerning the public offering of BEST S.A. bonds is the Basic Prospectus, approved by the Polish Financial Supervision Authority on 21 March 2014. Any addendums and communications to the Basic Prospectus and Final Terms of the Bond issue have been published in electronic form and are available on the Company’s website ( Bonds will not constitute a deposit and will not be included in the deposit guarantee scheme.



General information about BEST


BEST S.A. is a company listed on the Warsaw Stock Exchange since 1997. It specializes in the trade and management of unpaid debts. The BEST Group invests in debt portfolios (especially in bank debt portfolios) with the use of securitization funds and provides debt collection services on commission – for banks, telecommunication operators, power companies and other mass service providers.


BEST is also a shareholder of BEST TFI, which obtained a permit from the Polish Financial Supervision Authority in 2008. The combination of competences concerning debt collection and the establishing and managing of investment funds has enabled the concentration of all elements of the business model in one capital group.


BEST TFI currently manages three securitization funds: BEST I NSFIZ, BEST II NSFIZ and BEST III NSFIZ. The aggregate nominal value of debt portfolios in their assets is 8,200,000,000 PLN (as of end of June 2014).




For more information visit or contact:


Krzysztof Woch

NBS Communications

tel: 22 826 74 18 / mobile: 516 173 691


Maciej Szczepaniak

NBS Communications

tel: 22 826 74 18 / mobile: 514 985 845