Marvipol increases issue of bonds to nominal value of PLN 100 mln
Marvipol Development successfully completed its P2025A bond offering, attracting investor demand of PLN 223 million—over four times the initial PLN 50 million issue size. Due to high interest, the company expanded the issue to PLN 100 million. The bonds bear interest at WIBOR 6M + 3.7 percentage points, with semiannual coupon payments and maturity on October 27, 2029. They will be listed on the Catalyst market.
Marvipol Development, one of Poland’s leading developers, operates through subsidiaries in two main segments: residential construction (multi-family housing) and warehouse investments, including development, commercialization, and sale of logistics projects. The company assumed Marvipol S.A.’s development activities in 2017, continuing a business established in 1996.
