Cyfrowy Polsat: corporate bonds on Catalyst
Cyfrowy Polsat has 1 bond series listed on Catalyst with an issue value of PLN 3,490m. Next maturity: CPS0130, PLN 3,490m, 11 January 2030. Net debt / equity: 0.84× (2025 annual report).
Key figures
2025 annual report (grupapolsatplus.pl) · as at 11 Nov 2026Not shown yet: net debt / EBITDA. We only show figures verified against the company’s report, and these have not been confirmed yet.
Data on series and maturity dates come from GPW Catalyst; sources of the other figures are given in the tabs. This page describes the company’s data and is not an investment recommendation.
Cyfrowy Polsat is the parent company of Poland’s largest telecoms and media group, known as Polsat Plus Group. The group operates the Plus mobile network and Polsat Box, runs the Polsat and TV4 television channels, and has renewable energy and property businesses. Its bonds on Catalyst are unsecured.
Financial results
PLN million, consolidated figures; figures from the company’s reports. A dash (–) means the figure is not in our database.
| Item | 2023 | 2024 | 2025 | 6M 2026 |
|---|---|---|---|---|
| Revenue | 13,626.3 | 14,265.9 | 14,323.6 | 7,329.7 |
| Operating profit (EBIT) | 1,311.6 | 1,766.2 | −1,416.6 | 868.7 |
| Net profit | 278.5 | 710.5 | −2,551.4 | 327.8 |
| Total assets | 37,176.7 | 37,468.0 | 35,269.1 | 34,622.7 |
| Equity | 16,305.2 | 17,069.3 | 14,406.6 | 14,732.6 |
| Total liabilities | 20,871.5 | 20,398.7 | 20,862.5 | 19,890.1 |
| Cash and cash equivalents | – | 2,653.0 | 3,183.2 | 2,721.3 |
| Net debt | – | 12,527.2 | 12,033.5 | – |
Sources: company data (grupapolsatplus.pl), company data (grupapolsatplus.pl), annual report for 2025, half-year report for H1 2026, annual report for 2025, half-year report for H1 2026.
Debt and repayment capacity
Ratios based on annual reports (consolidated), using only figures verified against the company’s filings. A dash (–) means the figure is not available; a negative interest cover means an operating loss.
| Ratio | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net debt / equity (net debt relative to shareholders’ equity) | – | 0.73× | 0.84× |
| Equity / total assets (share of assets financed by equity) | 43.9% | 45.6% | 40.9% |
| Operating cash flow − capital expenditure (PLN million, cash from operations after investment) | – | 1,643.0 | 1,526.7 |
Sources: 2023 annual report, 2024 annual report, 2024 annual report (2), 2025 annual report.
Bonds on Catalyst
| Series | Maturity | Interest rate | Rate type | Margin | Security | Yield to maturity |
|---|---|---|---|---|---|---|
| CPS0130 | 11 Jan 2030 | 7.72% | Floating (6M WIBOR) | +3.85 pp | Unsecured | 6.73% |
Series codes link to the series pages in Polish. Yield to maturity is calculated by the Polish brokerage DM BDM, before tax and commissions; for floating-rate bonds it assumes the reference rate (WIBOR or EURIBOR) stays at its current level. “No quote” means no recent price.
Questions about Cyfrowy Polsat bonds
How many Cyfrowy Polsat bond series are listed on Catalyst?
Cyfrowy Polsat has one bond series listed on Catalyst, with a nominal value of PLN 3,490 million. It matures on 11 January 2030.
When does the next Cyfrowy Polsat bond mature?
The next maturity is series CPS0130 on 11 January 2030 (nominal value PLN 3,490 million). An early redemption at the issuer’s request can change these dates.
How is the interest on Cyfrowy Polsat bonds set?
The series pays a floating rate: 6M WIBOR plus a margin of 3.85 percentage points. The coupon changes with the reference rate in each interest period, while the margin stays the same until maturity.
Are Cyfrowy Polsat bonds secured?
The series is unsecured: bondholders have no priority claim on any specific asset of the company.
Source: our database of Catalyst series, terms and conditions of the bonds and company announcements.
Our full analysis, financial results and news on Cyfrowy Polsat are on the Polish-language issuer page.
This material is for information purposes only and does not constitute investment advice.