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, 2019. AB plans to trade the securities on the BondSpot or the Catalyst market of the Warsaw Stock Exchange. The issue was part of a larger bond program.