JSW reaches deal with bondholders
15:18
Bondholders at Polish coal producer Jastrzębska Spółka Węglowa (JSW) will not demand early repayment of the firms's bonds and will continue negotiations on the state-controlled miner's restructuring, JSW informed.
All bondholders including PKO BP , PZU and BGK decided that they will conduct further talks with JSW aimed at signing a restructuring agreement by November 30.
Earlier this month, ING's ING Bank Slaski demanded early redemption of its bonds valued at PLN 26.3 million or $13 million.