Mennica with $86.9 million contract in Thailand

WSE-listed mint Mennica Polska has signed an $86.9 million contract for production and supply of 99k gold medals commemorating the cremation of King of Thailand Bhumibol Adulyadej, the company reported in a market filing. The figure includes the price of the material. The deal is being secured by issuer’s bank guarantee set at $4.34 million, representing 5 percent of the contract’s value.