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Poland's PKP talks €180 million five-year note offering at mid-swaps plus 375 bps area
By Christine Van Dusen
Atlanta, Oct. 12 - Poland's PKP SA set price talk for its planned issue of €180 million five-year notes (//BBB) at the mid-swaps plus 375 basis points area, a market source said.
Goldman Sachs and RBI are the bookrunners for the notes, which include a change-of-control put if the State Treasury of Poland ceases to control PKP.
PKP is the parent company of Grupa PKP, the state-owned rail operator for the Republic of Poland.
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