Polish miner Bogdanka signs 600 mln zlotys bond programme

WARSAW, June 30 Mon Jun 30, 2014 12:52pm EDT

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WARSAW, June 30 (Reuters) - Polish miner Bogdanka has signed a bond issuance programme worth up to 600 million zlotys ($198 million) with two Polish banks, the company said in a statement on Monday.

Bogdanka said it had signed the programme, which is divided into two 300-million zloty tranches, with Bank Pekao and state bank BGK.

Bogdanka said it planned to spend the proceeds on refinancing its existing debt, financing current operations and investment.

($1 = 3.0345 Polish Zlotys) (Reporting by Pawel Florkiewicz; Editing by Mark Potter)