Cyfrowy Polsat gets huge loan to refinance its debt

Poland's largest media group, Cyfrowy Polsat has signed a loan agreements witch a consortium of lenders, totaling PLN 12.5 billion in order to refinance its outstanding debt. The media group signed the deal for 5 years and wants to repay its debt this month. The debt is valued at PLN 13 billion. The consortium comprises Poland's biggest lender by assets PKO BP , BZ WBK, ING Bank Śląski, Societe Generale, BNP Paribas Fortis, Pekao , The Bank of Tokyo-Mitsubishi, Bank of China (Luxembourg), Credit Agricole, DNB Bank, HSBC, Bank Handlowy w Warszawie, CaixaBank, mBank, Bank Millennium, Raiffeisen Bank Polska, Goldman Sachs Bank USA, Erste Group Bank AG, Deutsche Bank Polska, UniCredit Bank AG, and funds owned by PZU.