Polish Television plans two-tranche euro notes due in seven years

By Christine Van Dusen

Atlanta, March 20 - Polish Television Holding BV is planning a two-tranche offering of euro-denominated notes, with both tranches due in seven years and non-callable for three years, a market source said.

The first tranche, to be issued by TVN Finance, will total €485 million.

The second tranche will be issued by PTH and total €330 million.

JPMorgan, Nomura Securities and BNP Paribas are the bookrunners for the deal.

The proceeds will be used to refinance existing notes.

Polish Television Holding is a commercial television broadcaster.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.