Kruk allocates bonds

Polish debt collector, Kruk has allocated 300,000 bonds worth PLN 30 million through public offering, the company reported. The bonds have a floating interest rate that will be determined based on the three-month WIBOR interest rate, plus investors' markup amounting to 2.9 percent. In December last year, the Polish financial watchdog approved the firm's prospectus regarding the bond issue program valued at PLN 150 million. In October, the board of managers at Kruk decided to issue securities worth up to PLN 100 million.