We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » June 24, 2014
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
KGHM shortlist banks for 2.5bn financing
June 24, 2014   
Article's tools:
Print

Poland’s copper giant KGHM has already received bids from banks for providing USD 2.5 billion in financing and made a short list, KGHM CEO Herbert Wirth told Bloomberg Businessweek Polska weekly.

The group is still considering an IPO of its Canadian unit KGHM International and might float it in Toronto, if the offering is smaller, or else in London.

As far as potential further acquisitions are concerned, KGHM is watching several projects and will continue to watch the market for opportunities, but is nowhere close to the decision on realization of any of those projects, the CEO said.

In terms of dividend, KGHM is slowly achieving a stable policy, which is a preferable option, the CEO added.

On Monday KGHM shareholders approved the payment of a PLN 5 per share dividend from 2013 profit, in line with a prior proposal from management.

In 2013 KGHM netted stand-alone PLN 3.06 billion.
© The Warsaw Voice 2010-2015
E-mail Marketing Powered by SARE