Poland’s energy giant PGNiG placed five-year bonds on the country’s alternative stock market, Catalyst, valued at PLN 2.5bn. This is the last bond issue planned by PGNiG for the year, as the company has already raised PLN 6bn. “In my opinion, the amount is sufficient to provide stability and liquidity for the company in 2012,” said Sławomir Hinc, the company’s financial vice-president. “We plan no bonds issues this year. We could be back on the debt market in 2013. We will be working on the investment plan and we will assess, if we should come with more trashes,” Hinc said.
