Poland's PGE returns for second bite at euro benchmark

By Steven Gilmore
10 Sep 2015

Polish state owned power company Polska Grupa Energetyczna (PGE) has picked banks for a benchmark euro transaction.

Citi, Credit Suisse and Deutsche Bank will take the Baa1/BBB+ rated borrower to meet investors across Europe from September 14.

The company made its bond market debut in 2014, when it sold a €500m 1.625% 2019 bond. The company sold a €138m 2029 private placement later that year, ...

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