KGHM Polska Miedz $450 million financing

13/3/2019

Financing

Value:

$ 450 million

Status:

Completed

Date:

13/3/2019

Overview:

Polish state-owned enterprise and global producer of copper and silver KGHM Polska Miedz has obtained $450 million financing from Bank Gospodarstwa Krajowego, Poland's state development bank.
The financing is for a period of seven years in the form of a revolving credit line, which will be transferred into a non-revolving loan in the final two years.

Rajeeb Gurung - Researcher

Jurisdiction:

Poland

Deal type:

Financing

Practice area:

Banking

Governing law:

Poland

Industry sector:

Mining

Firms:

Gide Loyrette Nouel

Party: KGHM Polska Miedź (Borrower)

Lawyer: Dariusz Tokarczuk

White & Case M Studniarek i Wspólnicy

Party: Bank Gospodarki Żywnościowej (BGZ) (Lender)

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