Polish Cyfrowy starts talks with lenders to refinance debt

June 26, 2015 5:10 AM

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WARSAW, June 26 Cyfrowy Polsat, Poland's largest media group, has initiated talks with lenders to refinance its outstanding debt, the group said late on Thursday.

The group, controlled by Polish media mogul Zygmunt Solorz-Zak, said in April that it was considering refinancing all of its debt worth 13 billion zlotys ($3.5 billion) to simplify its structure.

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