WARSAW - Poland's mid-sized lender BPH, unit of General Electric, plans to issue up to 750 million zlotys ($225 million) in bonds, the bank said on Friday.
The lender, which is 66 percent owned by the U.S. conglomerate, had 15.4 billion zlotys in assets at end-200.
The programme's goal is to acquire financing from the local market and assuring an adequate level of capital to carry out the bank's operations, the bank said in a statement.
The bond issue programme will consist of regular and subordinate bonds with a maturity ranging from 30 days to 30 years. ($1=3.329 Zloty) (Reporting by Patryk Wasilewski; editing by Mike Nesbit)