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BRIEF-Polish Cyfrowy to reach net debt/EBITDA target after debt refinancing
August 24, 2017 / 10:39 AM / 4 months ago

BRIEF-Polish Cyfrowy to reach net debt/EBITDA target after debt refinancing

Aug 24 (Reuters) - Cyfrowy Polsat SA

* Polish telecoms and media group Cyfrowy Polsat plans to reach its targeted level of net debt/EBITDA (earnings before interest tax depreciation amortisation) of 1.75 after debt refinancing planned around turn of 2019 and 2020, company’s Chief Financial Officer Katarzyna Ostap-Tomann says at news conference

* She says that she expects the ratio to fall slightly by end of this year from 2.74 in the second quarter Further company coverage: (Reporting by Marcin Goettig)

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