Locked content Finance Ministry offers PLN 4-7 bln in bonds

On July 27, the Ministry of Finance will offer six series of wholesale bonds maturing in 2020-2047, with minimal value of PLN 4-7 billion, the ministry informed. The offer includes bond series: OK0720 / PS0123 / WZ0524/ WS0428 / WZ0528/ WS0447 (maturing respectively in 2020, 2023, 2024, two series i...

Locked content KNF approves PCC Exol PLN 200 mln bond issue

The Financial Supervision Authority (KNF) approved the PCC Exol prospectus to issue PLN 200 million worth of bonds under the company’s third bond issue program. PCC Exol is the largest producer of surface active agents (surfactants) in Poland and the region of Central and Eastern Europe. It is the o...

Locked content Marvipol Development issues bonds worth PLN 40 mln

Marvipol Development issued W series bonds for the total amount of PLN 40 million, the developer said. The emission is part of the 250 million bond issue program. The company will use the bond proceeds to finance development activities. The bonds will be redeemed on June 27, 2022, i.e four years aft...

Locked content CCC plans to issue bonds for PLN 210 mln

Footwear retailer CCC decided to issue up to 210,000 bonds for a nominal value of up to PLN 210 million.  Bonds will be offered to holders of series 1/2014 bonds. Bondholders should, in turn, sell all 1/2014 bonds to the company or to mBank. The new bonds will be issued as part of bond issuance̷...

Locked content PLN 12.3 bln bonds issued on Catalyst market in 2017

Last year, there was PLN 12.3 billion worth of bonds issued on the WSE-controlled Catalyst market (148 percent increase). Furthermore, between end-2016-17 the market increased by some PLN 14 billion, according to a report compiled by the auditing and consulting company Grant Thornton under the patro...

Locked content OT Logistics will offer PLN 200 mln bonds in June

OT Logistics has signed a deal with Bank Pekao and mBank, which will underwrite its bond issue of PLN 200 million in June. The bonds will have a 1-7 year maturity. OT Logistics plans to refinance the debt from its previous bonds issues and bank loans with the funds raised in this offering. Thus far,...

Atal issues PLN 70 mln worth of bonds

Warsaw Stock Exchange-listed developer Atal has issued a new series of bonds that are valued at PLN 70 million and will mature in April 2021. The company will use the funds raised through the issuance for the acquisition of land and the construction of selected projects, said vice president of the m...

Locked content GetBack fails to make payments on its bonds

According to portal Obligacje.pl, troubled WSE-listed debt collector GetBack did not make the interest payments on its PLN 16.3 million GB21019 bonds. According to the website, the quarterly payments estimated at PLN 230,000k were not deposited by the Monday deadline, and the Central Securities Depo...

FinMin to sell PLN 15-25 bln bonds in Q2

According to the Ministry of Finance, in Q2, between 3-5 tenders will be organized, and the ministry plans to sell PLN 15-25 billion worth of bonds during them. The government is also planning a 1-3 swap bonds auctions.

MF sells PLN 3 bln worth of bonds. Debt needs financed at 50%

The Ministry of Finance sold PLN 3 billion worth of bonds on auction. The five series will mature in 2020, 2023,2024, and 2028 (two series). Investor interest was at PLN 6.6 billion. According to the ministry after this bond issue, this year’s budget debt plan has been financed at 50 percent.