Locked content Echo Investment considers PLN 50 mln bond issue in Q4

Echo Investment is considering bond issue worth about PLN 50 million in Q4. The company will try to use the rest of the public bond issue program in Q1 2019, Deputy CEO Maciej Drozd said. The developer may still raise additional PLN 300 million within the PLN 400 million program, which lasts until A...

Locked content Kruk will issue bonds worth up to PLN 30 mln

The board of debt collector Kruk decided to issue no more than 300,000 five-year AG1 series bonds with a total nominal value of up to PLN 30 million, the company said. The unsecured bonds will be issued in a public offering. The AG1 series bonds will bear a variable interest rate equal to the WIBOR ...

Locked content LC Corp issues 2- and 4-year bonds worth PLN 100 mln

LC Corp issued two-year and four-year unsecured coupon bonds with a total nominal value of PLN 100 million. The 4-year bonds are with a nominal value of PLN 66 million, while the 2-year bonds have PLN 34 million nominal value. The bonds are with a variable interest rate, the company said. The curren...

Locked content Inpro plans to issue up to PLN 25 mln bonds

Real estate developer Inpro plans to issue 3-year bonds for a total nominal value of up to PLN 25 million, the company said. The interest rate will be paid every six months. The funds raised from the issue will be used to finance the group’s operations, in particular, the purchase of land and constr...

Locked content Pekao Bank Hipoteczny issues bonds worth PLN 300 million 

Pekao Bank Hipoteczny has now placed bonds worth PLN 300 million. This is the first issue within the framework to issue bonds for a total amount of PLN 1 billion, the bank said. The bonds were issued for a period of one year. Their interest rate is a three-month WIBOR increased by a margin of…...

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....