TPSA underwriters set rates for five year eurobond issue, Moody’s rates
The issue, of euro 1000 denominated bonds has received BAA3 rate by the rating agency Moody's Investor Service. The eurobonds will be issued by TPSA Eurofinance B.V. owned by TPSA and the issue is fully guaranteed by TPSA. The capital collected from the issue will cover the firm's investment needs, restructuring and capital investments. (Rzeczpospolita, page B6)