Leasing super group created to close zl. 155 million deal

ING Lease Polska, BSK Leasing and Handlowy Leasing have launched a consortium in order to finalize a leasing contract with chemical company Firma Chemiczna Dwory. The record transaction is valued at zl. 155 million. The companies financed the contract dividing the risk of investment among the three. Firma Chemiczna Dwory sold the consortium a technological line for styrene production which will now be leased by the firm (Firma Chemiczna Dwory) for a five year period. The transaction helped improve the structure of financing the chemical company. Firma Chemiczna Dwory owes Bank Handlowy and Bank Przemyslowo Handlowy (BPH) zl. 270 million. "We intend to intensify our activity in the chemical, brewery and telecommunication sectors. We want to make more deals worth over $10 million," said the general director of ING Lease Polska Krzysztof Bielecki. (Puls Biznesu, page 9)