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BRIEF-Polish Cyfrowy Polsat says signed $3.4 bln debt refinaning deal

Published 2015-09-21, 12:16 p/m
© Reuters.  BRIEF-Polish Cyfrowy Polsat says signed $3.4 bln debt refinaning deal

Sept 21 (Reuters) - Cyfrowy Polsat CPS.WA :
* Poland's No.1 media group Cyfrowy Polsat said on Monday it
signed 12.5 billion zlotys ($3.4 billion) worth of loan
agreements with a consortium of banks to refinance its existing
debt.
* The group signed the deal with a consortium of PKO BP (LONDON:BP)
PKO.WA , BZ WBK BZW.WA , ING Bank Slaski INGP.WA , Societe
Generale SOGN.PA , BNP Paribas Fortis BNPP.PA , Pekao
PEO.WA , The Bank of Tokyo-Mitsubishi, Bank of China
(Luxembourg), Credit Agricole CAGR.PA , DNB Bank DNB.OL ,
HSBC, Bank Handlowy w Warszawie BHW.WA , CaixaBank CABK.MC ,
mBank MBK.WA , Bank Millennium MILP.WA , Raiffeisen Bank
Polska, Goldman Sachs (NYSE:GS) Bank USA, Erste Group Bank AG, Deutsche
Bank Polska, UniCredit Bank AG, and funds owned by PZU PZU.WA .
* Cyfrowy Polsat signed the deal for 5 years and wants to
repay its existing debt this month.
* The media group said the earlier repayment of debt will
have a positive impact of around 472 million zlotys on the
group's third quarter gross profit.

Source text for Eikon: ID:nEM2102704
Further company coverage: CPS.WA
($1 = 3.7348 zlotys)

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