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Orlen launches €750 million notes due 2023 at mid-swaps plus 230 bps
By Christine Van Dusen
Atlanta, June 1 – Poland’s PKN Orlen launched a €750 million offering of notes due June 7, 2023 at mid-swaps plus 260 basis points, a market source said.
BNP Paribas and Societe Generale CIB are the global coordinators and – along with Citigroup, ING, PKO BP, Santander and UniCredit – the joint lead managers and bookrunners for the Regulation S deal.
The issuer is an oil refiner based in Warsaw.
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