Marvipol Development issues PLN 40 mln bonds

Marvipol Development issued W series bonds for total PLN 40 million, the developer said. The emission is a part of the bond issue program for PLN 250 million. The company will use the bond proceeds to finance development activities. The bonds will be redeemed on June 27, 2022, i.e four years after the issue.  Marvipol Development board will apply for the trading of bonds at Catalyst market operated by the WSE and BondSpot.