Grupa Kapitałowa Grupa Azoty
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Grupa Azoty Polyolefins has extended the validity of the Stabilization Agreement dated December 15, 2023, with subsequent amendments, concerning the financing of the Polimery Police project. Consequently, the terms under which Financial Institutions provide financing for the Project will remain in effect for the extended period of the Stabilization Agreement, i.e., until March 31 of this year.
As a result of the extension, the remaining amount of the supporting loan—up to a total of EUR 105 million—provided by Grupa Azoty S.A. and Grupa Azoty Zakłady Chemiczne „Police” S.A. to the Subsidiary will be disbursed no later than March 31, 2025.
The Stabilization Agreement has been signed with 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. – Poland Branch, mBank S.A., Powszechna Kasa Oszczędności Bank Polski S.A., Powszechny Zakład Ubezpieczeń S.A., Powszechny Zakład Ubezpieczeń na Życie S.A., PZU Closed-End Investment Fund of Non-Public Assets BIS 2, and Santander Bank Polska S.A.