Polkomtel bids pushed back to May

The deadline for second round bids on the buy-out of Polkomtel, a Polish telecoms firm, has been pushed back to May 5. An LBO is still on the cards for CEE levfin bankers, although private equity firms are bidding against trade buyers. The buyout will require debt of around Eu1bn should it be done as an LBO.

  • 05 Apr 2011

"Polkomtel could be a watershed deal in attracting investors to CEE," said one loans banker. "It requires new money but is a great business and would be the biggest in the region for years."

Another banker familiar with the region said that the bidding could go to a third ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78