Raiffeisen Polbank planning PLN 500 bln bond issue

Lender Raiffeisen Polbank would like to raise PLN 500 million in a bond issue, according to sources quoted by the Polish Press Agency. The bank is now said to be marketing the three-year bonds to potential investors. When asked about the issue, the lender confirmed that it “is considering a potential local bond placement,” a private offering that would be the first tranche of its earlier announced PLN 2 billion debt issue program. “Eventually, bonds are planned to be traded on ASO Bond Spot,” the press office of Raiffeisen Polbank also said.