Poland

The Polish oil refiner and petrol retailer PKN Orlen launched its debut green bond on Thursday. The trade is one of the very first of its kind from an oil company.

PKN Orlen, the Polish oil refiner and petrol retailer, began marketing its debut green bond on Monday, a €500m no-grow seven year. Issuing a green bond would be a bold move for an oil company, but PKN Orlen is being conservative about the assets included and has obtained certification from the Climate Bonds Initiative.

Pepco, the Polish discount retail group, has priced its IPO on the Warsaw Stock Exchange at Z40 a share, valuing the company at Z23.0bn (€5.1bn).

The Warsaw IPO of Canal+ Polska, the Polish satellite TV network, has been postponed. The deal is the latest victim of Europe's binary IPO market.

Pepco, the retail holding company that owns Poundland, has fixed the price range for its IPO on the Warsaw Stock Exchange, valuing the company at Z21.85bn-Z26.45bn (€4.8bn-€5.8bn).

Pepco, the retail conglomerate that owns Poundland, is seeking to list in Warsaw through an initial public offering.

Canal+ Polska, the Polish satellite TV network, has rebooted its IPO on the Warsaw Stock Exchange, after the deal was pulled in November last year due to a lack of demand.

Play, the Polish mobile network operator, has raised a syndicated loan from European banks, according to sources, while total volumes from central and eastern Europe’s biggest economies have been low so far this year.

A Z4.59bn ($1.2bn) block in Allegro, the Polish e-commerce company, met with strong demand from equity investors on Tuesday night, with investors eager to buy more of the stock which was listed to acclaim in Europe last year.

Polish social and mobile gaming company Huuuge will price its Warsaw IPO at Z50, the top of the initial range, valuing the business at Z4.6bn ($1.2bn), according to sources close to the transaction.

The IPO of InPost, the Polish provider of postal lockers, soared on its first day of trading on Euronext Amsterdam.

Huuuge, the Polish social and mobile gambling company, has set a price range for its listing on the Warsaw stock exchange valuing it at up to $1.2bn.