PCC Rokita issues BB series bonds

The Lower Silesian chemicals manufacturer PCC Rokita has issued its BB series bonds and in so doing secured PLN 25 million, reported ISBnews. Demand for Rokita bonds was higher than the amount available. Altogether, investors signed up for PLN 35 million-worth of bonds. AA series buyers were given preferential treatment. The rate of reduction for buyers was 44 percent, as not all of the orders could be filled. Altogether 375 investors purchased Rokita bonds this time around. The bonds will be traded on the Catalyst bond market. Rokita supplies polymer, chemical, refrigeration, pharmaceutical, food, construction, auto manufacturing, textile and mining industries. In 2013, the company had PLN 1.1 billion in revenue.