PragmaGO is opening subscriptions for three-year*, unsecured corporate bonds. Subscriptions will be accepted from June 17 through July 2 of this year. The interest rate (variable, based on WIBOR 3M plus a margin ranging from 3.35 percentage points to 3.75 percentage points per annum) will be 7.21%** per annum. The goal is to raise at least 60 million PLN***.
PragmaPay stimulates small businesses to grow and acts as a financial cushion. It allows you to catch market opportunities, increase your margin and not give up on orders just because you are temporarily short of startup cash. It’s transparent financing – the contract is simple and the costs for the buyer are fixed, transparent and independent of interest rate changes. Through our partnership with Shoper, we are fulfilling our mission – to level the playing field in access to capital for micro and small businesses. PragmaPay gives benefits to both sides of the transaction – both the buyer and seller on the Shoper platform gain
We are launching the largest bond offering in the Company’s history. The proceeds will strengthen our capital position and allow us to reduce our debt servicing costs and extend the weighted average maturity of our debt. To boost demand, during the subscription period we will repurchase bonds maturing in January 2027 with a value of 25 million zlotys. At the same time, we have included in the terms of the offering the option to pay for the purchased bonds by offsetting them against the next series maturing in March 2027.
– says Jacek Obrocki, Vice President of PragmaGO.
The bonds issued will be listed on the Catalyst regulated market of the Warsaw Stock Exchange.
* Subject to the Issuer’s right to redeem the Bonds early, in accordance with the Final Terms of the Bond Offering.
**Sample calculation of the annual interest rate on the Bonds. The calculation is based on the WIBOR rate for 3-month PLN deposits on the Polish interbank market (WIBOR 3M — the base rate), which as of June 8, 2026, stood at 3.86%, plus the lowest possible margin (3.35 percentage points) from the range specified in the Final Terms of the Bond Issue. The actual interest rate on the Bonds for the first interest period will be determined based on the WIBOR base rate for 3-month PLN deposits as of July 7, 2026, plus a margin in the amount determined by the Issuer’s Management Board on the date of the conditional allocation of the Bonds, based on the results of the subscription process for the Bonds. When submitting a subscription, the investor will be required to specify the minimum margin acceptable to the investor and falling within the limits set by the Issuer. In subsequent interest periods, the actual base rate—and thus the interest rate on the Bonds—may be higher, lower, or remain at the same level as in the example provided.
***Subject to the Issuer’s right to decide to increase the number of Series E2 bonds (“Bonds”) offered to a maximum of 800,000, under the terms and conditions set forth in the Final Terms of the Bond Offering and the Base Prospectus.