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Poland's Tauron plans Eurobond worth up to 500 mln euros
June 14, 2017 / 2:08 PM / 3 months ago

Poland's Tauron plans Eurobond worth up to 500 mln euros

WARSAW, June 14 (Reuters) - Polish state-run power producer Tauron said on Wednesday it planned to issue a Eurobond of up to 500 million euros ($564 million).

The paper would have a maturity of seven to 10 years, Tauron said in a statement. Proceeds would go towards the company’s expenditure.

Tauron added the placement would depend on market conditions.

$1 = 0.8872 euros Reporting by Lidia Kelly and Marcin Goettig; Editing by Mark Potter

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