Poland - Past Due Interest Bond (PDI)

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Past Interest Due Bond (PDI)

Issued as part of Brady Plan debt restructuring. Eligible for tendering at par. 


Obligor: The Republic of Poland
Guarantor: None
Issue Size: USD 2,651,237,000
Maturity: October 27, 2024
Interest Rate: 3 1/4%..............................to October 95
3 3/4%..............................to October 96
4%....................................to October 98
5%....................................to October 99
6%....................................to October 02
7%....................................to October 14
Coupon Frequency: Semi-annual
Coupon Dates: April 27 & October 27
Day Count: 30/360
Issue Date: October 27, 1994
Amortisation: Repayable in 27 semi-annual installments beginning October 28, 2001

Installments 1 to 3..................................1% of principal.
Installments 4 to 6..................................2% of principal.
Installments 7 to 17................................3% of principal.
Installments 18 to 23..............................5% of principal.
Installments 24 to 27..............................7% of principal.

Options: Callable at par with accrued interest on coupon dates if no default.
Currency: USD only
Form of Instrument: Registered and bearer securities
Denominations: $250,000 and integral multiples thereof
Credit Rating: Not rated
Principal Collateral: None
Interest Payment Collateral: None
Notes: Issued as part of Brady Plan debt restructuring.
Debt-Equity Programme: Tenderable at par.

Bearer Bonds 

Currency: USD
Listing: Luxembourg
Paying Agent: Citibank, N.A.
Bloomberg Ticker: POLAND
CUSIP: TT3196579
ISIN: XS0053613112
Common Code: 005361311
Valoren: 293789
Sedol 1: 4668181
Wertpapier/Austrian: 415395
France: 821640

Registered Bonds

ISIN: XS0053616644
Common Code: 005361664
Valoren: 293798
Wertpapier/Austrian: 126798