Orlen has signed a €2 billion loan agreement with a consortium of 16 banks, securing funding for five years with an option to extend. The renewable credit line will replace a previous arrangement and be used for ongoing trade and operational activities. The dual-currency loan, available in both euros and dollars, will help Orlen manage liquidity more efficiently. Orlen's CFO, Magdalena Bartoś, highlighted that this partnership demonstrates strong trust in the company.

Orlen maintains high credit ratings and continues to strengthen its dividend-paying status, with plans to distribute dividends from its 2023 profit in December 2024. The company operates refineries and fuel stations across multiple countries and is expanding into renewable energy and nuclear power.

(pb.pl)



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