Allegro to refinance a PLN 1 bln loan

Allegro has decided to refinance an existing PLN 1 billion bank loan with Santander Bank Polska to facilitate the financing of the acquisition of 100% of shares in Mall Group and WE/DO, Allegro said in an announcement.

The new additional credit line is expected to be drawn down around 9 November 2022.

The maturity date of the new additional credit line is 14 October 2025. 

Source: PAP