Żabka Group issued bonds worth PLN 1 billion

The Żabka Group has issued bonds worth PLN 1 billion under a program established in March 2025. The funds from the issue will be used to finance the group's current operations and will enable diversification and more effective management of its financing structure, the company announced in a press release.

The bond interest rate is variable, set based on the WIBOR 6M base rate, increased by a margin of 150 basis points. The bonds mature in five years from the date of issue, with a redemption date in May 2030.

The bonds will be introduced to trading in the Catalyst Alternative Trading System operated by the Warsaw Stock Exchange.

"The scale of the issue and the very high interest of investors confirm the attractiveness of our multi-directional development strategy. Thanks to the funds obtained, we will be able to diversify our financing structure and focus on the development of the modern convenience ecosystem, both in Poland and abroad," said Tomasz Suchański, CEO of the Żabka Group.

Marta Wrochna-Łastowska, CFO of the Żabka Group, pointed out that the great interest in the first-ever bond issue of the Żabka Group allowed for the increase of the target issue value to the full amount of the program, i.e. PLN 1 billion.

"This is also an important step in our previously announced debt cost optimization strategy, aimed at improving the net profit margin of the Żabka Group. We are pleased with the decision of the European Bank for Reconstruction and Development and the National Economy Bank to subscribe for the Group's bonds, we interpret it as confirmation of our financial stability and high position on the market," said Marta Wrochna-Łastowska.

"After a successful stock exchange debut and the achievement of IPO goals, we are optimistic about the potential for the group's further development. Strengthening our position in the modern convenience segment creates an opportunity for expansion in the region, which we support with global resources and market knowledge. The bond issue, which enables the diversification of financing sources and builds value by optimizing financial costs and improving the net margin, is a natural step strengthening the foundations of the group's growth," added Krzysztof Krawczyk, Chairman of the Board of Directors of Zabka Group and Partner of CVC Capital Partners.

The bond issue of the Żabka Group is linked to sustainable development (sustainability-linked bonds, SLB) in accordance with the standards of the International Capital Market Association (ICMA), secured by a guarantee from Żabka Polska.

The issuance of bonds under the programme does not increase the group's net debt level.

The issue was carried out in cooperation with Bank Pekao as the organizer, dealer and coordinator, Santander BP as the organizer, dealer and ESG coordinator, PKO BP as the organizer and dealer and Trigon DM as the dealer. (PAP Biznes)

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