Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) is looking to raise a higher amount of $2.1 billion in a sale of its bonds, Reuters reports. The company initially planned to raise $1.47 billion from the sale.
The securities will be issued to obtain resources to satisfy current financial needs and to finance the PGNiG’s capital investments. PGNiG is a Poland-based oil and natural gas company.
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