PGNiG extends bond issue program

Poland's largest natural gas company PGNiG has extended the maturity date for its bonds from July 31, 2015, to July 31, 2020, the company said in a recent statement. The bond issue program was initiated in June 2010. Its original value of PLN 3 billion was later increased to PLN 5 billion and then to PLN 7 billion. The issue is guaranteed by Bank Pekao, PKO BP, BNP Paribas, ING Bank, Bank Zachodni WBK, Société Générale, Bank Handlowy and mBank.