Matexi Polska Holding & Finance has completed its first corporate bond issue worth PLN 105 million (€25 million).
The proceeds will be used to refinance existing debt and support further development of the company's residential projects in key Polish markets. The bonds are planned for listing on the Catalyst market, marking the company's first entry into public debt markets.
The four-year unsecured bonds carry an interest rate of WIBOR 6M + 4 percentage points annually, with semi-annual interest payments to investors.
"We are very satisfied with the strong investor interest in our offering. The issue was well-received by the market, including new financial partners who have placed their trust in Matexi Polska," said Zofia Szymońska, CFO and Board Member of Matexi Polska Holding & Finance. "This confirms the credibility of our strategy, business stability and growing investor confidence in our brand on the Polish market."
Michael / Ström Dom Maklerski served as the offering agent and emission agent for the transaction. The bond issue was conducted under a broader programme that allows for financing up to €72 million over two years until the end of June 2028.
Matexi Polska is a Belgian-owned developer that has been operating in Poland since early 2010. The company has sold approximately 4,000 apartments in Warsaw and Kraków markets and has secured land for another 3,500 units.
