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JSW SAJSW coal agrees to redeem PLN 300 mln FIZ investment certificates
Listed coking coal group JSW's supervisory board has agreed to redeem the company's rainy-day fund FIZ C and G-series investment certificates with a total estimated value of PLN 300 million (EUR 72.1 mln), the company said in a market filing.
As stated, the supervisory board agreed to redeem FIZ investment certificates for a total amount of PLN 2.55 billion (EUR 596.3 mln) in 2025.
After the redemption the estimated value of the FIZ investment certificates amounted to PLN 1.41 billion (EUR 329,7 mln) as of April 30, 2025.
doa/ han/