PKN Orlen bonds worth €750 mln to debut on Catalyst
13:37
The board of the Warsaw Stock Exchange has announced that the oil refiner and petrol retailer PKN Orlen will start trading 7,500 AB series bonds on the Catalyst market on July 20.
The nominal value of each bond stands at €100,000, which means that the company will raise €750 million, the board reported.
PKN Orlen has been listed on the Warsaw Stock Exchange since 1999. The company processes crude oil into gasoline, diesel oil, fuel oil and aviation fuel. Currently it owns six refineries in Poland, the Czech Republic and Lithuania.
