Benefit Systems to issue bonds worth PLN 70 million

Benefit Systems has decide to issue 70,000 B series bonds worth PLN 1,000 each, with a total maximum value of the issue standing at PLN 70 million, the company said. The unsecured papers will be traded on the alternative market, Catalyst. Recently, Benefit Systems signed a letter of intent to increase its stake in Calypso Fitness through buying an additional 50.1 percent of shares in the company for PLN 81.25 million.