09
Oct
15:44
Poland approves Cognor secondary public offering
The Polish Financial Supervision Authority (KNF) has given the go-ahead for Cognor’s secondary public offering, Kallanish learns from the Polish steelmaker.
Cognor plans to raise up to PLN 101 million ($27.7m) that will be used to restructure debt (see Kallanish 27 September). Savings as a result of the debt restructuring are expected to amount to PLN 25m/year beginning in 2018. If all issued shares are bought by investors they will amount to 42.2% of Cogn…
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Anonymous
Very good overview of the weekly steel market.
Anonymous