|
|
Article: PRESS: Polish coal miner KHW to issue bonds for total value of PLN 900 mln in Q2 '09.
- Article from:
- Poland Business News
- Article date:
- March 18, 2009
CopyrightCOPYRIGHT 2009 Gale acknowledges Publisher's copyright in the text of the Publication and shall place users of that text on notice of that copyright interest. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
PRESS: Polish coal miner KHW to issue bonds for total value of PLN 900 mln in Q2 '09
WARSAW. MARCH 18. INTERFAX CENTRAL EUROPE - Polish coal miner Katowicki Holding Weglowy (KHW) will issue bonds for a total value of PLN 900 mln in the second quarter of the year, according to the daily Rzeczpospolita.
"KHW will issue bonds for a total PLN 900 mln," the daily wrote on Wednesday. "The issue will begin in the second quarter of the year, while first buyouts will take place in 2010."
During buyout of the bonds it will be possible to get either cash or coal.
KHW expects that 70% of the issued bonds will be purchased by sector investors such ...