Polkomtel to cut bond by €300m, increase term loan ‘B’

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Polkomtel to cut bond by €300m, increase term loan ‘B’

Arrangers of Polkomtel’s Z6.394bn (€1.55bn) senior buy-out loans have gone out to banks with a view to increasing the company’s Z2.394bn (€573m) term loan ‘B’ by the zloty equivalent of €300m, and decreasing the euro-denominated high yield bond by the same amount, according to a banker.

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