Brok-Strzelec could eventually be rescued by EI dependent fund

Listed brewer Brok-Strzelec (BS) is putting final touches to its zł. 15 million bond issue in an attempt to raise capital to pay off debts. The papers will be listed on CeTO. By the end of 2002 the company's short-term liabilities had amassed to zł. 95 million. Moreover, by July this year the company will have to pay zł. 15 million to Pekao as part of its total zł. 29 million debt to the bank and buy out its zł. 17 million bonds. Prior to the issue, the brewer's general shareholders' meeting will change the company's statute so that it can start offering convertible bonds. There has been speculation that several investment funds controlled by Enterprise Investors (EI) might be interested in entering the company by buying its convertible bonds or shares should BS decide on the issue. However, the company is not considering any such move. (Parkiet, p. 3) J.K.