Atal revises bond issue plans

As a result of a strong investor interest, the management board of Warsaw Stock Exchange-listed residential developer Atal has adopted an updated bond issue program, which now calls for the issuance of bonds valued at up to PLN 80 million, rather than PLN 60 million as was originally planned. The co...

Locked content Orlen launches PLN 1 bln retail bond program

WSE-listed fuel giant PKN Orlen will launch a PLN 1 billion retail bond program for issuance over the coming 12 months, the company said in a market filing. Bonds will be sold in a number of issues via public offering and listed on the WSE’s Catalyst bond trading platform….

FinMin: Debt financing remains at 72% at end-August

The Ministry of Finance has not sold any bonds in August, which means that the level of debt financing has reached 72 percent of this year’s financing needs, the Poland’s Finance Ministry said, and taking into account lower than planned financing needs for this year, the debt financing l...

Atal hopes to raise up to PLN 60 mln through new bond issue

Warsaw Stock Exchange-listed Atal, one of the largest residential developers in Poland, plans to issue bonds valued at up to PLN 60 million, which would be targeted at individual buyers. The company, which plans for further develop its portfolio of new projects, wants to use the funds raised through...

Locked content Bank Pocztowy approves PLN 500 mln bond program

State-owned Bank Pocztowy’s shareholders approved a 500 million bond program, the company said in a market filing. According to the lender bonds issued under the scheme may be issued under the public offer or by offering a non-public offering, and they will only be offered to institutional investors...

Locked content Alior Bank approves PLN 1.2 bln bond program

WSE-listed lender Alior Bank’ supervisory board approved a PLN 1.2 billion bond program, the bank said in a market filing. The program will last for 12 months, pending financial market watchdog KNF approval. The bond tenors will be capped at 10Y. The bonds may be either ordinary or subordinated. The...

Locked content FinMin issues PLN 2 bln worth of bonds to increase BGK’s capital...

The Ministry of Finance has issued zero-coupon bonds worth PLN 2 billion in order to increase the share capital of state owned lender Bank Gospodarstwa Krajowego, the ministry stated in a press release. The bonds will mature on April 25, 2019. They were transferred to BGK on August 4, according to t...

Locked content Alior Bank sells PLN 250 mln bonds in private placement

WSE-listed lender Alior Bank has closed the book building process for its PLN 250 million private placement bond issue with demand exceeding PLN 400 million, the bank said in a market filing. The 3-year bonds will be unsecured with rates set at WIBOR6M plus 1.19 percent margin. The bonds will be iss...

Locked content PKO BP issues €750 mln bonds

WSE-listed lender PKO BP issued 4-year eurobonds worth €750 million as part of its €3 billion medium term note program. The bonds have a 0.75 bp coupon, (65 bps above Mid Swap) and were priced at 99.792 percent of the face value. PKO BP wants to dual-list the bonds in Warsaw and Luxembourg. Within i...