Coal Energy board approves of USD 54 mln bond issue
10 February 2012
Coal Energy’s (CLE PW) board of directors approved of issuing PLN 170 mln (USD 54 mln) in bonds by June 2013, the company reported last night. The figure is slightly higher than previously announced (PLN 150). The bonds can be placed in one or several series of issues. Coal Energy plans to use proceeds for expansion.
