PGE Is Working on Eurobond Program, CFO Tells Parkiet

(Corrects currency conversion in first paragraph.)

PGE SA (PGE), Poland’s biggest electricity producer, is working on a 2 billion euros ($2.52 billion) bond sale program, Chief Financial Officer Wojciech Ostrowski said in an interview with the Parkiet newspaper.

The company may also set a new zloty bond sale program at the end of this year as one of its two current programs will end in November 2013, Ostrowski said. PGE will first sell zloty bonds before selling notes denominated in euros, Parkiet cited him as saying.

To contact the reporter on this story: Marta Waldoch in Warsaw at mwaldoch@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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