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Emerging MarketsEM CEE

PGE prices as SPP, Petrol and PKN Orlen look to follow

Polish energy utility PGE made its euro bond market debut, pricing a €500m no-grow bond from an orderbook of over €4bn, a result that bodes well for compatriot oil firm PKN Orlen, which is planning its own inaugural deal. Investors eager for more fresh CEE supply also have prospective debuts from Slovenian and Slovakian companies to look forward to.

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