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Raiffeisen as Success Guarantee for the Polish State Railways Bond
Markets ♦
Published: October 21, 2011; 11:10 ♦ (Vindobona)
Polskie Koleje Panstwowe Spólka Akcyjna (“PKP”), the Polish State Railways, rated BBB by Fitch, successfully issued its debut international transaction in the form of a Eurobond amounting to EUR 180 million, reported the Raiffeisen Bank International.
Raiffeisen as Success Guarantee for the Polish State Railways Bond / Picture: © Vindobona.org
The Austrian bank played a decisive role in ensuring the success of PKP's bond issue in its role as the transaction's Joint Lead Manager and Bookrunner, together with Goldman Sachs.
"The Eurobond's successful placement under the current volatile market conditions is proof of the great trust that investors place in PKP, and also mirrors the positive overall market sentiment…
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