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Hrvatski
HPB Successfully Issues Its First International Bond, Listed on the Luxembourg Stock Exchange
Hrvatska poštanska banka p.l.c. (HPB, the Bank) has successfully completed its first issuance and listing on the international capital market, marking a significant step forward in the development of its financial strategy and the further strengthening of its market recognition.
The bond, with a nominal value of EUR 150,000,000.00 and a coupon rate of 4.125%, was listed for trading on the Luxembourg Stock Exchange (LuxSE), on the EURO MTF market, as of 13 July 2026.
The primary objective of the bond issuance is to meet the regulatory capital and eligible liabilities (MREL) requirements, through which the Bank continues to proactively manage its capital structure in line with regulatory requirements and best European practice. The broad investor base from the European Union and the United Kingdom, which fully subscribed to this issuance, reflects the confidence of developed markets.
Secondary, but equally important, this issuance represents a significant contribution to the long-term stability and resilience of the Bank's balance sheet.
On the occasion of the successful issuance and listing of the bond, President of the Management Board Marko Badurina stated:
"The listing of the HPB bond on the Luxembourg Stock Exchange represents a historic moment for the Bank, which for the first time appears on the international capital market as an issuer of a debt instrument, thereby significantly strengthening its visibility among the international investment community and ensuring readiness for further steps forward both domestically and abroad. The strong interest from investors in the European Union and the United Kingdom, who fully subscribed to the issuance, confirms the long-term confidence of institutional investors from the most developed markets in the Bank's credit strength and business strategy — a confidence also reflected in the investment-grade credit rating assigned to the Bank by Moody's, following the upward trajectory of Croatia's credit rating over the past several years, thanks to the effective fiscal and economic policy of the Government of the Republic of Croatia.
I would like to thank the colleagues and partners with whom we secured this successful bond issuance and listing."
With this issuance, the Bank strategically diversifies the structure of liabilities used to meet the MREL requirement into capital market instruments, and through a more diverse base of funding instruments strengthens its financial stability, while appearing for the first time on the international capital market as an issuer of debt instruments.
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