Poland's PGNiG unit secures $400 mln loan for debt refinancing

August 13, 2015 1:40 PM

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WARSAW Aug 13 An upstream unit of Poland's gas company PGNiG signed a loan agreement with banks worth $400 million, which will mostly serve to pay back a bulk of the unit's current debt, PGNiG said on Thursday.

PGNiG Upstream International signed the 7-years deal with eight banks, including Societe Generale, BNP Paribas, ING, HSBC and Citibank.

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