PKO preps first Polish bank dollar bond, may swap into Swissies
Polish state-controlled PKO Bank Polski is embarking on a set of investor meetings for a 144A dollar bond tomorrow, but is considering swapping the note to Swiss francs once the deal is completed, said an origination official close to the deal.
If PKO Bank Polski places a dollar deal, it will be the first ever dollar note for a Polish Bank. Goldman Sachs and JP Morgan are arranging the deal.
Theyre undecided at the moment but a lot of Polish mortgages and therefore PKO banks mortgage books are
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