WARSAW, June 14 (Reuters) - Polish state-run power producer Tauron said on Wednesday it planned to issue a Eurobond of up to 500 million euros ($564 million).
The paper would have a maturity of seven to 10 years, Tauron said in a statement. Proceeds would go towards the company’s expenditure.
Tauron added the placement would depend on market conditions.
$1 = 0.8872 euros Reporting by Lidia Kelly and Marcin Goettig; Editing by Mark Potter