47206
CYFROWY POLSAT S A
Dec 16, 2022
Poland
Europe
Nov 28, 2022
B - Limited
Active
Jan 15, 2023
Regional Industry INF LAC & EUR
Telecommunications and Technology
Approved : Nov 28, 2022
Signed : Dec 13, 2022
Invested : Jan 11, 2023
Other (Including Satellite Telecommunications, Radio and Television Broadcasting, etc.)
On 15 December 2022, IFC submitted an offer to invest PLN 435 million, equivalent to US $98.6 million, as an anchor investor in a PLN 2.67 billion sustainability-linked bond (“SLB”) being issued by Cyfrowy Polsat S.A. (the “Company”). On 16 December 2022, the Company accepted the offer and invited IFC to purchase the bonds by 11 January. The Company along with its subsidiaries (collectively the “Group” or “Grupa Polsat Plus” or “Polsat”) is one of the largest media and telecom operators in Poland. In December 2021, the Company announced the planned acquisition of 67% stake in PAK-Polska Czysta Energia sp. z o.o. (“PAK PCE”), a company that was set up to invest in renewable energy and green hydrogen in Poland, and 67% stake in Port Praski sp. z o.o, a holding company that is developing a large real estate project in Central Warsaw.
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Local Access of Project Documentation
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