WB Electronics to trade bonds on Catalyst

WB Electronics is set to trade bonds worth PLN 80 million in the coming weeks, Piotr Wojciechowski, CEO of the company, announced. "Last year, we started surveying financial markets by issuing bonds worth PLN 80 million. The securities were purchased mainly by financial institutions. In the coming weeks, they should be traded on Catalyst," Wojciechowski said during a press conference. The bond issue is aimed at procuring funds for an acquisition of a stake in Radmor, an electronics producer, and at increasing the firm's working capital. WB Electronics one of the leading companies of the Polish defense industry, based in Ożarów Mazowiecki.