Sfinks Polska gets loan to consolidate debt

Polish restaurant company Sfinks Polska has signed an investment loan with state-controlled BOŚ valued at over PLN 80 million, dlahandlu.pl reported. Sfinks aims to consolidate its liabilities regarding ING Bank Śląski and PKO BP through the loan. Just recently, the company has issued 3,5 million shares and raised nearly PLN 13 million. Sfinks Polska is the largest Polish restaurant company operating in the casual dining sector. It runs chains such as Sphinx, WOOK, and Chłopskie Jadło. At present, 115 restaurants function within those three chains in Poland. Sfinks Polska has been listed on the WSE since 2006.