PKO Bank
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The bank is considering bond issuance in currencies other than the euro
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Books were €700m for what had been penned as a €750m deal
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Central and Eastern Europe earmarked as an area of growth by market participants
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New issue premium was zero, agreed those on and off the deal
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◆ First Polish covered bond since PKO’s last ◆ Lender fixed size before execution ◆ Banker said deal offered small new issue premium
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Markets continue to remain benign, according to one EM syndicate banker