EBRD buys senior unsecured bonds on WSE

The European Bank for Reconstruction (EBRD) is purchasing PLN 20 million (approx. €4.7 million equivalent) of senior unsecured bonds issued by the Warsaw Stock Exchange (WSE) to support the bourse’s contributions to the development of Poland’s debt capital market, a press release read. "We welcome the EBRD as a strong and reliable investor. The EBRD’s active participation in this transaction is further proof of investors’ confidence in the WSE’s business, its stability and growth prospects. We are eager to cooperate further with the EBRD in supporting the real economy and the capital market in Poland," said Paweł Tamborski, the President of the Management Board of WSE. Since the beginning of its operations in Poland in 1991, the EBRD has invested €7.6 billion in more than 350 projects in the country. In addition to its wide product range of bilateral facilities for companies and financial institutions, in recent years the EBRD has developed a growing portfolio of capital market investments (both equity and debt), for which demand is high.