Grupa Kapitałowa Grupa Azoty
Choose a company
Following detailed discussions and agreements with banking partners, Grupa Azoty Polyolefins has signed an Amendment to the Stabilization Agreement originally dated December 15, 2023, concerning the financing of the Polimery Police project. This amendment extends the terms of the Stabilization Agreement’s validity to January 31, 2025. The updated agreement has been finalized with 15 financial institutions.
Under the revised terms, Grupa Azoty S.A. and Grupa Azoty Police will contribute the remaining amount of the support loan to the subsidiary, up to a total of EUR 105 million, no later than January 30, 2025.
The Stabilization Agreement, effective as of December 13, 2024, involves the following financial institutions: Alior Bank S.A., Bank Gospodarstwa Krajowego, Bank Ochrony Środowiska S.A., Bank Polska Kasa Opieki S.A., BNP Paribas Bank Polska S.A., European Bank for Reconstruction and Development, Haitong Bank Polska S.A., ICBC Standard Bank PLC, Industrial and Commercial Bank of China (Europe) S.A. Polish Branch, mBank S.A., Powszechna Kasa Oszczędności Bank Polski S.A., Powszechny Zakład Ubezpieczeń S.A., Powszechny Zakład Ubezpieczeń na Życie S.A., PZU BIS 2 Closed-End Private Equity Fund, and Santander Bank Polska S.A.