Echo Investment issued bonds worth PLN 230 million

Echo Investment raised PLN 230 million by issuing bonds, the money is earmarked for the redemption of bonds maturing next year, the company said. The new bonds have a floating interest rate that will be determined based on the WIBOR 6M interest rate plus investors' markup. PLN 1,000 is the value of each bond, they are to mature on April 23, 2018.