JSW to issue bonds worth up to PLN 300 mln

Coal group JSW is planning to issue up to PLN 300 mln worth of bonds to be addressed to state-controlled restructuring vehicle TF Silesia, the company said in a market filing. The bonds will mature on March 31, 2025 at the latest. The company will have an option of an early redemption. Bonds will be bought by TF Silesia provided the transaction is assessed as carried out on market terms, the filing read.