PHN plans bond issue

Real estate group Polski Holding Nieruchomości (PHN) plans to offer bonds in a several hundred million issue at the turn of February and March next year, the company’s CFO Włodzimierz Stasiak told ISBnews. PHN has already assessed the market and is now talking to banks, Stasiak said. The company’s CEO Artur Lebiedziński had earlier told the news agency that such an issue was possible. One of the goals is to finance PHN’s Warsaw projects.