The Polish drugstore operator Hygienika plans to issue a new package of its F-series bonds, worth PLN 3m. The two-year, fixed-rate notes will offer a return rate of 8 percent. The company said the move will make it possible to continue its expansion plans, following its acquisition of Dayli at the end of last year. The company’s CEO, Kamil Kliniewski, told the business server parkiet.pl that he sees demand growing on foreign markets for Hygienika products. “On the other hand, we also see imports growing at the moment in the country, which has us seeking out higher margins for our products. This will help to improve our financial performance this year,” said Kliniewski, adding that the company expects to post a double-digit profit in 2014.
Poland’s antitrust regulator approved the acquisition of Dayli last week. The deal is worth €6m.
