Construction of STOCZNIA RESIDENCE in Płock Begins
On September 5, a cornerstone laying ceremony was held in Płock to mark the start of the Stocznia Residence project. The event brought together representatives of the local government, investors, and business leaders. It was a symbolic moment marking the beginning of a new chapter of life on the Vistula River.
WAN debuted on the Catalyst market with a bond issue worth PLN 50 million
On October 20, the company WAN debuted on the Catalyst market of the Warsaw Stock Exchange with two series of corporate bonds with a total nominal value of PLN 50 million. This was the 25th bond market debut this year and the 159th in the history of Catalyst.
As part of the issue, 19,000 series D bonds with a total value of PLN 19 million were issued, maturing on March 25, 2029, as well as 31,000 series G bonds with a total value of PLN 31 million, maturing on October 10, 2028. The issue price of each bond was PLN 1,000, and the interest rate was set at WIBOR 6M plus a 5.5% margin. The company’s authorized advisor is Noble Securities Brokerage House.
The funds raised will be used to support WAN’s development activities, including the preparation of new projects. As emphasized by the company’s Management Board, the bond issue – also addressed to individual investors – marks another step in the growth of the WAN Group and represents an important element of its strategy for financing real estate projects.
The fourth stage of the Osiedle na Zdrowiu in Łódź and the second stage of a cosy investment in Warsaw’s Bielany district – Apartamenty Marymoncka II have been completed.