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Ciech on eurobond issue

November 6, 2012
Poland's large-cap WIG 20 index closed down by 0.09 % at 2343.90 points.

CIECH - Listed chemicals group Ciech plans to issue EUR 230 mln in 7Y eurobonds and PLN 300 mln in 5Y domestic bonds, Bloomberg agency reported citing two sources.

The means from the issue will be used to refinance existing debt.

The domestic issue is coordinated by Banco Espirito Santo de Investimento and the foreign issue - by Credit Suisse Group and Barclays, the agency has established.

Ciech is also seeking a PLN 100 mln renewable credit line, Bloomberg reported.
  • Status
    early redeemed
  • Country of risk
    Poland
  • Redemption (put/call option)
    *** (***)
  • Amount
    245,000,000 EUR
  • М/S&P/F
    — / — / —
Company — Ciech
  • Full name
    Ciech SA
  • Registration country
    Poland
  • Industry
    Chemical and petrochemical industry