Sept 7 (Reuters) - PGE Polska Grupa Energetyczna SA
PGE.WA :
* Poland's No.1 utility PGE said on Monday it had signed
deals with banks to get 5.5 billion zlotys ($1.5 billion) in
credit, including a revolving loan facility worth 1.87 billion
zlotys.
* The consortium of lenders includes BNP Paribas (PARIS:BNPP) BNPP.WA ,
Societe Generale SOGN.PA , Bank Handlowy BHW.WA , ING Bank
Slaski INGP.WA , BZ WBK BZW.WA , mBank MBK.WA , PKO BP (LONDON:BP)
PKO.WA , and Pekao PEO.WA .
* The credit agreement will expire on Sept 30, 2023, with
the final repayment of the revolving loan facility falling on
April 30, 2019.
* PGE said the credit agreement will co-finance, among other
things, its 11.6 billion zlotys investment in expanding its
coal-fired plant on Opole.
Source text for Eikon: ID:nEM0700993
Further company coverage: PGE.WA
($1 = 3.7894 zlotys)