Polish miner Bogdanka signs 600 mln zlotys bond programme
WARSAW, June 30
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)