Empik aims to fund stores expansion with zł.40 million bond issue

"The issue should take place on the break of March and April. Bank BPH is finalizing works on its structure. Most probably these will be four year bonds aimed at institutional investors. The funds will allow investments of a joint sum of zł.130 million. EMF will open 40-50 new shops," said NFI EMF president, Maciej Dyjas, who added that the company will probably not decide on a share issue this year. Dyjas said they had considered issuing shares earlier. "I do not exclude that if we managed to finalize an acquisition of a trading company, we might think about financing the transaction through a new issue," revealed Dyjas, who refused to disclose the name of any potential take over. (Puls Biznesu, p. 12) A.K.