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PKO BP Plans $1.8B Bond Sale

Polish bank PKO BP is seeking to sell bonds worth about $1.8 billion in the domestic market.

    Polish bankPKO BPis seeking to sell bonds worth about $1.8 billion in the domestic market,Reutersreports. The bank may offer bonds with a maturity of one week to 12 months.

    PKO BP may also issue longer term papers with a maturity of up to 10 years. Earlier in April, the bank cancelled another $1.8 billion bond issue, which was expected to fund takeovers.

    Click here for the story fromReuters.

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