KNF approve Echo bonds prospectus

The Polish Financial Supervision Authority (KNF) has approved the prospectus of Echo Investment for its public offering and the issuance of bonds worth up to PLN 300 million. Echo Investment is a Polish developer involved in residential, commercial, and office real estate sectors. The company has been listed on the Warsaw Stock Exchange since 1996 and is part of the sWIG80 index. The approval allows Echo Investment to seek admission to trading on the regulated market for its bonds. In 2022, the company reported consolidated revenues of PLN 1.39 billion. PKO BP Biuro Maklerskie is the involved investment firm.

Source: inwestycje.pl