Polsat Cyfrowy bonds worth PLN 1 bln debut on Catalyst

Media company Polsat Cyfrowy will start trading bonds worth PLN 1 billion on Wednesday, August 12. "The Management Board of WSE decided to determine August 12, 2015 as the first trading date in the alternative trading system on the Catalyst market of 1,000,000 series A bearer bonds of the company with a nominal value of PLN 1,000 each," a resolution read. Cyfrowy Polsat offers telecommunications, paid TV and broadcasting services to its customers. The company is listed on the Warsaw Stock Exchange, with the majority of its capital under private control.