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EBRD SUPPORTS POLISH COPPER PRODUCER KGHM

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Published on: 27-06-2019 Back

 

 *EBRD investing PLN 400 million in corporate bonds issued by KGHM Polska Miedź S.A.

 *Proceeds from EBRD subscription to be used for energy efficiency programme

 *KGHM Polska Miedź S.A. is largest copper producer in Europe
 
   The largest copper producer in Europe, KGHM Polska Miedź S.A., has successfully issued the first   bond in its history amounting to PLN 2 billion (€469 million equivalent). The EBRD has participated in   the 10 year-tranche of the issuance with PLN 400 million.
 
   The proceeds from the EBRD investment will be used for investments in energy savings and the   reduction of CO2 emissions.
 
The successful placement of a corporate bond of this size also supports the further strengthening and deepening of the Polish capital market, one of the EBRD’s strategic priorities in the country.
 
KGHM Polska Miedź S.A., established in 1957 and headquartered in Lubin in Lower Silesia, is one of the largest copper and silver producers in the world.
 
For more info click here
 
 
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