Bonds
Poland Returns to Eurobond Market Amid Increased Budget Spending
- Poland to sell 7 and 15-year eurobonds in benchmark deal
- Commerzbank, ING and JPMorgan, SocGen are joint bookrunners
Poland has asked banks to arrange the issuance of euro-denominated bonds, potentially tapping the international debt market once more after two unusually large sales in 2024.
The government mandated Commerzbank AG, ING Groep NV, JPMorgan Chase & Co. and Societe Generale SA to sell 7 and 15-year bonds, according to a person familiar with the matter. Poland is bracing for a jump in borrowing needs next year with its debt coming close to the European Union’s limit of 60% of the economic output.