Locked content Synthos issues senior notes worth €350 mln

Major Polish chemical group Synthos has issued senior notes with a total face value of €350 million, the company said on Wednesday. The securities will be listed on the Irish Stock Exchange and on the Global Exchange Market. At the same time, Synthos has decided to issue bonds within its capital gro...

Locked content BGK to issue €500 mln debt on foreign markets

State-owned lender Bank Gospodarstwa Krajowego (BGK) will issue 10-year bonds on foreign markets this year, the government’s press office said on Tuesday. The face value of the issue will be €500 million. The Polish government approved a guarantee for BGK’s bonds the same day, for a total sum of €70...

Locked content EY to prepare methodology for WSE’s ratings institute

Consultancy EY is preparing the rating criteria and methodology for the Analysis and Ratings Institute of the Warsaw Stock Exchange, according to sources quoted by the Polish Press Agency (PAP). EY was chosen in a procurement procedure, a source close to the matter told PAP. Another source confirmed...

Locked content BGK to issue bonds in private placement

State-owned lender Bank Gospodarstwa Krajowego will carry out a private placement of bonds worth PLN 500 million, the bank’s managing director Mariusz Grab told the Polish Press Agency. BGK will issue five-year bonds with a coupon yield. The bank is not announcing the issue price, as the securities ...

Locked content Bank Pocztowy eyes bond issue

Lender Bank Pocztowy plans to carry out a debt issue worth PLN 100-200 million, management board member Michał Sobiech was quoted as saying by ISBnews. “The final value will depend of the structure of the balance sheet and on the price. They may even be five-year securities,” Sobiech said at a press...

Locked content Synthos mulls international debt issue

Chemical group Synthos is considering a senior note issue on international markets, the company said in a statement on Monday. The company has already named BNP Paribas, Citigroup Global Markets Limited and Deutsche Bank AG, London Branch, as global coordinators and book-runners of the potential deb...

Locked content AB issues bonds worth PLN 100 mln

AB, the largest IT distributor in the CEE region, issued five-year unsecured bonds worth PLN 100 million, the company said in a news release on Wednesday. Subscriptions for the bonds totaled PLN 160.4 million and a reduction was necessary, the company said. The bonds will be redeemed on August 12, 2...

Locked content PGNiG extends bond issue program

Poland’s largest natural gas company PGNiG has extended the maturity date for its bonds from July 31, 2015, to July 31, 2020, the company said in a recent statement. The bond issue program was initiated in June 2010. Its original value of PLN 3 billion was later increased to PLN 5 billion and ...

Locked content Magellan increases bond issue

Health care sector financial services firm Magellan has increased the value of its bond issue program, managed by mBank, from PLN 450 million to PLN 550 million, the company said in a market filing on Friday. In early August 2013, Magellan raised the value of the bond program from PLN 370 million to...

Locked content Bogdanka issues bonds worth PLN 400 mln

Pekao SA and Bank Gospodarstwa Krajowego (BGK) have acquired bonds worth PLN 400 million from coal mining company LW Bogdanka, according to Bogdanka’s press release. Four hundred maturity bonds, each valued at PLN 1 million were emitted to bolster the company’s existing investments, liabilities, ong...