Commentary & Deal Flow

Alior Bank S.A., one of Polands top universal banks, (ticker: "ALR PW", country: Poland) rated BBB- (Stable) by S&P and BBB- (Stable) by Fitch, has mandated Citi, BNP Paribas, Erste Group and UniCredit to arrange a series of fixed income investor calls commencing 4-Nov-26. A DealRoadshow presentation will be made available.

An expected €500m (WNG), Reg S Only, Senior Notes (MREL eligible) 4NC3 € offering will follow, subject to market conditions.

• Issuer: Alior Bank S.A. (Equity Ticker: ALR PW)
• Issuer Ratings: BBB- (Stable) S&P / BBB- (Stable) Fitch
• Expected Issue Rating: BBB- (S&P)
• Format: Senior Notes (MREL eligible), Reg S Only, Registered Notes
• Programme: EMTN Programme
• Size: €500m (WNG)
• Tenor: 4NC3
• Joint Lead Managers: Citi, BNP Paribas, Erste Group and UniCredit
• Marketing: Series of fixed income investor calls commencing 4-Nov-26
• Status: Mandate / Investor Calls, inaugural offering to follow subject to market conditions
• Stabilisation: FCA/ICMA
• Target Market: Manufacturer target market (MiFID II and UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EEA PRIIPs KID or UK PRIIPs KID/CCI product summary has been prepared.
• Timing: Mandate announced, investor calls commencing today