Locked content OT Logistics plans PLN 100 mln debt issue

The supervisory board of freight transportation company OT Logistics approved the issue of bonds with a total face value of up to PLN 100 million, the company said on Monday. The issue will be carried out in the form of a private placement. The issue proceeds will be spent on the redemption of A ser...

Locked content PZU eyes subordinated debt issue

Poland’s largest insurer PZU may carry out a subordinated debt issue before the end of this year, provided that it gets approval to do so from the Polish Financial Supervision Authority (KNF), the company’s management board member Przemysław Dąbrowski was quoted as saying by ISBnews. The company has...

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...