News
18 February 2020
EBRD invests in first green bond by telecoms group Cyfrowy Polsat
In:
IT and telecoms
Region:
Europe
The European Bank for Reconstruction and Development is supporting the first corporate green bond in Poland by investing PLN200 million (€47 million) in the issuance by the telecommunications and media group Cyfrowy Polsat.
The company is raising a total of PLN 1 billion to refinance its investments in energy efficiency, including the acquisition of state-of-the-art technology as well as upgrades to existing networks.
The bond was issued on the Polish local capital market and placed with a large number of local and international investors. It will be listed on the Alternative Trading System of the Warsaw Stock Exchange.
