Polnord mulls bonds issue

Real estate developer Polnord is considering issuing bonds worth PLN 100 million yet this year, according to its deputy CEO, Tomasz Sznajder. "We have been thinking about public issue of unsecured bonds this year, valued at PLN 1000 million," Sznajder informed. The issue will be a long term one "on favorable conditions for the firm," he added.

CEO, Piotr Wesołowski said that the company aims to obtain funds necessary for its development, "We want to look for new projects," he pointed out.