Locked content TXM to raise PLN 31.9 mln from share and bond issue

TXM has completed the recapitalization of the company through the issue of shares and bonds with a total value of PLN 31.9 million, the company said. The management board also announced the signing of amending agreements with the financing banks, which guarantee the company that credit lines will be...

Locked content Redan to issue up to PLN 13 mln bonds

Clothing retailer Redan plans to issue bonds for a nominal value of PLN 13 million with two years maturity. A potential investor decided to acquire all bonds, Redan said. The issue price is set at PLN 990 per bond. PLN 7 million from the issue will be spent to buy newly issued TXM shares. The…...

Locked content Orlen raises PLN 200 mln in bond issue

Oli giant PKN Orlen sold 2 million series E bonds to investors for a total sum of PLN 200 million, the company stated. Average reduction rate came in at 68.42 percent. The issue is part of the company’s larger bond program aimed at raising a total of PLN 1 billion….

Locked content Polnord raises PLN 40 mln in private bond issue

Polnord issued 3-year unsecured bonds for a total nominal value of PLN 40 million. The interest will be paid every six months. The interest rate will be variable and equal to the WIBOR6M rate increased by the margin for each interest period. Polnord is a developer operating in several Polish cities....

MF sells PLN 4 bln worth of bonds

The Ministry of Finance sold PLN 4 billion worth of bonds on auction. The six series will mature in 2020, 2023,2024, and 2028 (two series), and 2047. Investor interest was at PLN 13.06 billion. According to the ministry after this bond issue, this year’s budget debt plan has been financed at 3...

Locked content Getin secures KNF approval for PLN 750 mln subordinated bond program

WSE-listed Getin Noble Bank received the approval of Financial Supervision Authority KNF for its PLN 750 million subordinated bond program. According to the prospectus, the bank plans at least two issues within the next 12 months. The bonds will be floated on the Catalyst market. Getin Noble Bank es...

Treasury plans 23 bond tenders for 2018

The Treasury bond issue plan for 2018 assumes two bond tenders per month, except for December, when one tender is planned, the Ministry of Finance has announced. The Treasury also does not rule out treasury bill tenders, which will take place irregularly depending on the budgetary needs and market s...

Locked content J.W. Construction issues PLN 100 mln in bonds

Developer J.W. Construction will issue PLN 100 million in bonds, through private subscription offer, the company stated. The proceeds will be used to purchase new investment land for planned residential projects. The bonds, maturing on November 16, 2020, will have a variable coupon equal to WIBOR 6M...