Bank Pekao S.A. supported KGHM Polska Miedź S.A. in a 1.6 billion PLN bond issuance, reinforcing KGHM's funding for key development projects amid strong investor interest.

Target Information

KGHM Polska Miedź S.A. is a leading global producer of copper and silver. The company is engaged in the extraction and processing of copper ores in Poland, Chile, and the USA, and is currently developing a copper and gold mining project in Canada. With controlled global copper reserves of 40 million tons, KGHM solidifies its position as a leader in the mining industry.

Recently, KGHM successfully issued a series of 7-year bonds valued at 1.6 billion PLN in the domestic market, providing the company with the long-term financing necessary to undertake key development projects. The high demand for this issuance illustrates KGHM's robust standing in the capital market.

Industry Overview

The mining industry in Poland has demonstrated notable resilience and growth potential, particularly in the extraction of copper and silver, which are critical components in various industrial processes.