ITI plans debut on the Warsaw Stock Exchange

ITI Holdings is considering a debut on the Warsaw Stock Exchange (WSE). The firm is seeking financial resources to finance the purchase a 30.4% stake in private television company TVN, from US-based SBS Broadcasting and ITI is in need of approximately $130 million for this purpose. "A bonds issue would mean an increase in debt, however, a debut on the bourse would be a very attractive solution for us, and the decision on the scenario selection will be made in the Fall," stated ITI president Jan Wejchert, who added that the company had the formal status of a publicly traded company and, if nec essary, could be listed on the WSE within days. According to market analyst, Wojciech Szymon Kowalski, now would be a good tome for a debut, as the domestic economy has slightly improved recently. (Puls Biznesu, p. 4) A.Z.