Cyfrowy Polsat to raise Eu350m in high yield bonds

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Cyfrowy Polsat to raise Eu350m in high yield bonds

Polish multi-media group Cyfrowy Polsat plans to sell a Eu350m seven year non-call three bond to refinance debt incurred in relation to the recent acquisition of TV Polsat. The senior secured notes will be callable after three years and have a provisional rating of Ba3/BB-.

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