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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.  

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