Polish state bank BGK to support railway infrastructure projects
November 4, 2013
State special purpose bank BGK will provide up to PLN 1.5 billion financing in a bond-structured deal for state railway infrastructure operator PKP PLK, BGK said in a press statement.
PKP PLK will use the means from the issue to finance its already launched investment projects, the statement read.
Financing for PKP PLK is so far the largest deal realized by BGK in the frame of state investment-support program Polish Investments, BGK said.
PKP PLK's investment outlays in 2013 may exceed PLN 5 billion, the statement showed.