BBI Development issues bonds worth PLN 22 mln

Real estate developer BBI Development has issued bonds worth PLN 22 million to redeem its bonds maturing in February 2016,  the company said. The value of each bond stands at PLN 1,000 and they are due to mature on February 22, 2019. The bonds have a floating interest that will be determined based on the WIBOR 6M interest rate plus investors' markup. BBI Development has been listed on the WSE since 1997.