Ciech Zl1.59 billion refinancing

Overview:

• A group of banks has granted Zl1.59 billion in finance to Ciech, a chemical firm, to refinance its debt.  
• Bank Handlowy w Warszawie, Bank Millennium, Bank Zachodni, Credit Agricole Bank Polska, HSBC Bank Polska, Industrial and Commercial Bank of China (Europe) (Spolka Akcyjna) Oddzial w Polsce, and Powszechna Kasa Oszczednosci Bank Polski acted as mandated lead arrangers.
• Bank Handlowy w Warszawie also acted as facility agent.
• Powszechna Kasa Oszczednosci Bank Polski also acted as security agent.

Rani Mehta - Journalist