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PKN ORLEN issues bonds to IKS Solino
Monday, 27th February 2012
PKN ORLEN has issued PLN8m of short term bonds to its subsidiary IKS Solino.The bonds - which were issued in accordance with a programme signed by PKN ORLEN and a syndicate of six banks in November 2006 - have a redemption date of 27 March.
The bonds are used for managing the working capital of ORLEN Capital Group.
Story provided by StockMarketWire.com
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