Poland's PKN storms in sevens, books around €2.5bn

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Emerging Markets
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Poland's PKN storms in sevens, books around €2.5bn

Steven Gilmore
June 23, 2014 12:00 PM

Oil and petrol company PKN Orlen opened books on the second Polish corporate debut of the year on Monday, and found its €500m no-grow bond five times subscribed when it tightened to final guidance of 160bp-165bp over mid-swaps.

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