In Brief: Bank Millennium loan; Citigroup votes in Stalexport; DB predictions
Bank Millennium has drawn a three year loan for €165 million from an international consortium of banks headed by Bayerische Landesbank of Germany. (www.onet.pl) ... The Securities and Stocks Exchange Commission (KPWiG) has allowed the Citigroup Trustee Company Ltd to exceed the number of votes at a shareholders meeting of Stalexport by 25%. Without the permission, Stalexport would not be able to conduct a share issue for its creditors which agreed to reduce its liabilities. (Gazeta Wyborcza, March 29-30, p. 26) ... Deutsche Bank brokerage in Warsaw made the best prediction for the bourse's leading WIG 20 stock index at the end of March, according to a monthly Reuters poll. Deutsche Bank analysts predicted the WIG 20 index at 1,113 points against the session closing level of 1,111.96 on Friday. (Reuters) A.Z.