Project Detail |
Location: Poland Project number: 53997 Business sector: Telecommunications, Media and Technology Notice type: Private Approval date: 02 Nov 2022 Status: Signed PSD disclosed: 27 Jan 2023 The European Bank for Reconstruction and Development (EBRD) invested in senior unsecured, Zloty (PLN) denominated Sustainability-Linked Bonds (SLB) with 7-year maturity issued by Cyfrowy Polsat S.A. (Cyfrowy Polsat, the Company, the Issuer), the dominant entity of the leading Polish telecommunications and media group. Project Objectives With its investment of PLN 800 million the EBRD supported the first SLB issuance aligned with the International Capital Market Associations (ICMA) guidelines for sustainability-linked bonds in Poland. Proceeds will support Cyfrowy Polsats expansion in the renewable energy segment. |