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Published on 7/1/2011 in the Prospect News Emerging Markets Daily.

Poland taps bookrunner for planned four-year Samurai bonds

By Christine Van Dusen

Atlanta, July 1 - The Republic of Poland has mandated Daiwa Securities Capital Markets for an offering of Samurai bonds, according to an announcement from the sovereign.

The notes will carry a four-year maturity and are expected to launch soon.

Poland recently reopened its Japanese yen-denominated 3% notes due Jan. 26, 2026 to issue another ¥10 billion, increasing the issue size to ¥28 billion.

The reopening yield was 3%, the same as the original issue on Jan. 26, according to a news release.

Nomura International plc was the lead manager.

The notes were issued under Poland's euro medium-term note program.


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