EIB plans bond issue to support long-term financing
The European Investment Bank (EIB) will before the end of this year issue eu
ro 800 million worth of bonds in Poland, under a special program aimed at ra
ising money to finance domestic companies seeking zloty loans. Commenting on
the issue, deputy president of the EIB, Wolfgang Roth, said that the program
would boost the bank's capacity for the long-term financing of projects in P
oland. Agent for the EIB program is Bank Handlowy, and among the other entit
ies authorized to handle the bond issue are BRE Bank, Deutsche Bank and Peka
o S.A.. To date, the EIB has granted loans totalling euro 4.1 billion in Pol
and, the highest amount among all the European Union (EU) candidate countrie
s. (Rzeczpospolita, p. B5) P.J.