Sierpińska-Sawicz, Agata; Bąk, Patrycja Barbara - In: Contemporary economics 10 (2016) 2, pp. 99-112
are turning to bond issue to maintain their liquidity and finance development projects. However, bondholders impose …'s indebtedness and ability-to-repay-debt financial ratios. This article discusses bond issue costs. The authors analyze the bond … issue programs of three of the four mining companies operating in Poland. The fourth company did not issue any bonds. Bond …