BRIEF-KGHM To Issue C Series Bonds Worth 1.00 Bln Zlotys

BY Reuters | CORPORATE | 06/14/24 10:35 AM EDT

June 14 (Reuters) - KGHM Polska Miedz SA (KGHPF):

* RESOLVES TO ISSUE C SERIES BONDS OF 1.00 BILLION ZLOTY TOTAL NOMINAL VALUE

* ISSUE UNDER MAX. 4.00 BILLION ZLOTY BOND ISSUE PROGRAMME

* NOMINAL VALUE SET AT 1,000 ZLOTYS PER BOND Source text for Workspace: Further company coverage: (Reporting by Gdansk Newsroom)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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