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Ciech to refinance PLN 1.75 bln of debt through bonds & loans

16:35

WSE-listed firm Ciech wants to refinance up to PLN 1.75 bln of debt through a combination of bonds and bank loans, the company said in draft resolutions for an October 7 general meeting.

The bond issues could be conducted both in Poland and abroad. Ciech Group is one of the leaders on the European chemical market. Its annual revenues of approximately PLN 4 billion place the company among the top fifty Polish companies. Since February 2005, Ciech has been listed on the WSE.  

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