Mon. Nov 11th, 2024

Kruk Issued PLN 75M Bonds

ByLisa Luckas

10/21/2024
a cobblestone street lined with tall buildings
  • KRUK issued PLN 75 million in bonds, receiving orders for PLN 434 million, resulting in an 82.73% scale back. Demand exceeded expectations despite a lower margin.
  • Future bond issues are possible.

Mon Oct 21 16:14:43 -2024 UTC– KRUK S.A. allocated PLN 75 million of bonds with 83% order reduction, attracting PLN 434 million from 1,665 investors. CEO Piotr Krupa notes strong investor trust and potential for future bond issues.

Funding supports business growth and technological advancements in key European markets.

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Kruk invests the money raised through bonds.
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ByLisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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