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The Warsaw Voice » Business » May 14, 2014
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Enea readies PLN 5bn bond program
May 14, 2014   
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Power utility Enea has closed preparations for a PLN 5 billion bond program and may issue the first PLN 500,000 tranche in June, CFO Dalida Gepfert told reporters on Tuesday.

"Last week we got supervisory board consent for signing a deal with banks, so I think that signing the deal will be possible in May," Gepfert said.

"I'm not ruling out that in June we could issue the first tranche of bonds of PLN 500,000," she added. The company would likely issue 5-year bonds in than tranche, she added.
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"The market is very liquid, potential buyers are already filing inquiries," she said, adding that Enea expects margin on the bond not to exceed 100 bps.
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