Polish mobile operator Polkomtel plans to place E1.65bn worth of Eurobonds when market conditions are favourable, Reuters reports quoting local media.
On 30 June, local businessman Zygmunt Solorz-Zak agreed to buy the second largest mobile operator of…
Polish mobile operator Polkomtel plans to place E1.65bn worth of Eurobonds when market conditions are favourable, Reuters reports quoting local media.
On 30 June, local businessman Zygmunt Solorz-Zak agreed to buy the second largest mobile operator of the country for PLN18.1bn (E4.5bn).
A debt package of PLN13.3bn (E3.33bn) was put together with Credit Agricole and Deutsche Bank as global coordinators, while RBS and SG are bookrunners. PKO BP is initial MLA.
The syndication of the PLN7.591bn (E1.8bn) senior secured loans closed at the end of August.
The acquisition is expected to close in Q4.
Polkomtel declined to comment on the bond issue.
