Orlen to issue PLN 1 bln worth of bonds

WSE-listed fuel giant Orlen has decided to issue B-series bonds worth PLN 1 billion under its ongoing program addressed to retail investors, the company said in a market filing. The bonds will be issued in several tranches within the 12 months after the approval of the program. Details of the issuance will be released on November 16. Orlen plans to list the bonds on the WSE-run Catalyst market.