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...

Locked content Bank Pocztowy with potential PLN 500 mln subordinated bond program

State-owned Bank Pocztowy is planning a 500 million bond program, the company said in a market filing. According to the lender, the bonds could be issued as subordinated bonds. They will be offered exclusively to institutional investors and could be listed on the WSE’s bond trading platform Catalyst...

FinMin to sell PLN3-10 bln bonds in Q3

According to the Ministry of Finance, in Q3, only one or two tenders will be organized, and the ministry plans to sell PLN 3-10 billion worth of bonds during them. They should take place in September. The government is also planning a similar number of swap bonds auctions.

Locked content PZU plans PLN 3 bln bond issue

WSE-listed, Poland’s largest insurer PZU plans to issue up to PLN 3 billion subordinated bonds issue, pending shareholders approval. The potential issue would be a private one and could be placed on domestic or international markets depending on market conditions and demand. The lender commiss...

Poland to issue $35 bln of debt this year – S&P

According to the ratings agency S&P, Poland will issue bonds on the commercial market worth $34.96 billion, compared to $43.44 billion in 2016. This will amount to 20.4 percent of all long-term debt issued this year in the CEE region.

Locked content PBG raises PLN 118 mln in bonds issue

Mining construction firm PBG has allocated 852,900 bonds within the company’s second bond issue. The total value of the issue was over PLN 118 million. PBG specializes in construction of  installations for gas and oil extraction as well as general contractor for energy installations and constr...

Locked content KNF approves Best prospectus on PLN 200 mln bond issue

The Polish Financial Supervision Authority (KNF) has approved Best’s basic prospectus on a bond issue worth PLN 200 million as part of a public bond issue program, the company stated. The group plans to make use of funds from the issue as a source of financing for further growth. “The approval...