ING has raised Polish zloty 575m (€130m) from selling shares in Telekomunikacja Polska (TPSA), the Polish telecoms firm, for the second time.
ING was the sole bookrunner for an accelerated sale of 43.9 million TPSA shares for Kompania Weglowa, Poland's largest coal mining company. The Polish treasury transferred a 3.1% stake in TPSA to the firm so it could sell the shares to assuage its debt problems.