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Poland’s KGHM shops for unsecured loan
07 February 2012
Polish copper mining company KGHM has approached banks for a jumbo unsecured financing.
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KGHM
Poland
copper
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Polish copper mining company KGHM has approached banks for a jumbo unsecured financing.
Sources reveal the state-owned miner is in talks with banks to arrange a club unsecured loan for zł5 billion ($1.5 billion).
Trade Finance understands that the deal will have a three-year tenor and will be used for general corporate purposes.
Market insiders state the that a zloty denominated bank debt will drive pricing down,...
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