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Bank Gospodarstwa KrajowegoBGK prices EUR 300 mln 7-year bonds for Covid-19 Countermeasures Fund in private placement
Poland's state development bank BGK on September 18 priced euro-denominated bonds maturing on July 8, 2031, issued for the benefit of Covid-19 Countermeasures Fund in a private placement format. The nominal value of the bond issue will be EUR 300 million, the press release said.
A yield of 3.400 percent was achieved, with an annual coupon of 0.50 percent.
The issue was carried out on the basis of the Medium Term Note bond issuance programme established by BGK.
The issue was organised by Bank Handlowy in Warsaw.
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