Listed rail freight carrier PKP Cargo is eyeing options for potential refinancing of its debt load and would even be tempted to the eurobond market if its M&A hopes were to bear fruit, board member Lukasz Hadys told PAP.
“We are mulling refinancing our debt,” Hadys said. “We don’t rule out any form of financing aside from a share issue.”
Of non-bank options, a eurobond, with its likely EUR 500 mln sum for a benchmark issue, could only come if PKP Cargo had finally secured an M&A project. A zloty bond for the local market “would be a lot simpler,” Hadys said. An untapped PLN 200 mln facility at the EIB could also be put to use, he indicated.
Source: www.gpwinfostrefa.pl
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