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PKN ORLEN Capital Group has issued short term bonds to its subsidiary, Zaklady Azotowe Anwil, to optimise the management of financial liquidity within the group.
It said the bonds were issued in accordance with the programme signed with a syndicate of six banks in November 2006.
The bonds are used for managing the working capital of PKN ORLEN Capital Group.
The bonds purchased by Anwil were:
PLN10,000,000 series ORLEN211161109; bonds composed of 100 bonds with a nominal value of PLN100,000 per bond with a redemption date of 16 November 2009 and PLN80,000,000 series ORLEN210071209 composed of 800 bonds with a nominal value of PLN100,000 per bond with a redemption date of 7 December.
Story provided by Business Financial Newswire
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