Magellan increases bond issue

Health care sector financial services firm Magellan has increased the value of its bond issue program, managed by mBank, from PLN 450 million to PLN 550 million, the company said in a market filing on Friday. In early August 2013, Magellan raised the value of the bond program from PLN 370 million to PLN 450 million. A possible further increase was already approved by the company’s EGM in October 2013.