Synthos gets a €220 mln revolving loan from 7 banks
14:16
Synthos, a producer of chemical resources, has signed a deal with seven banks to receive a €220 million revolving loan, the company said in a market filing.
PKO BP is a loan and security agent. The list of creditors also includes BGŻ BNP Paribas, Bank Handlowy, Bank Zachodni WBK, HSCB Bank Polska, ING Bank Śląski and HSCB Bank plc.
Synthos Group is one of the largest manufacturers of raw chemical materials in Poland. The company is the first European manufacturer of emulsion rubbers and a leading manufacturer of polystyrene for foaming applications.