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P4 SP. Z O.O.EBRD to take up PLN 125 mln in 5-year ‘green’ bonds issued by Play telco
The European Bank for Reconstruction and Development (EBRD) will subscribe to PLN 125 million (EUR 30 mln) of 5-year ‘green’ bonds issued by listed telco operator Play from a PLN 700 million (EUR 168.3 mln) issuance programme, the EBRD said in a statement.
"The European Bank for Reconstruction and Development has invested in 5-year senior unsecured PLN-denominated bonds issued by P4 (‘Play’), Poland's leading mobile operator," it wrote.
"The EBRD has subscribed PLN 125 million of the issue with a total issuance value of PLN 700 million, which will support green capital expenditures under the Green Financing of Play's parent company, Iliad S.A.," it added.
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