Cyfrowy Polsat announces refinancing debt

Cyforwy Polsat is going to refinance its worth PLN 13 billion debt, mainly with credits and Polish treasury bonds, Tomasz Szeląg, the group's management board member responsible for finance  informed. Polsat wants to lower costs of debt service and make the debt structure simpler. "As conditions in the financial market are favorable for large companies, we have been considering refinancing the current debt of the group, in the near future," Szeląg said in a press release.   "At this stage, we have been considering PLN loan and Polish treasury bonds, mainly," Szleąg also said.