Commencement of works on the analysis of the possibility of refinancing Polsat Plus Group’s debt

05 Oct 2022

The Management Board of Cyfrowy Polsat S.A. (the “Company”) informs that in connection with the pursued Strategy 2023+ and the entry into new areas of operations, including, among others, the production of clean energy based on low and zero-emission technologies (see the Company’s current report no. 36/2021 dated 20 December 2021), the Company commenced the analysis of the possibility of refinancing the debt of Polsat Plus Group (the “Group”) taking into account the possibility of increasing it, including the indebtedness granted to Group companies in the form of bank loans and bonds (the “Refinancing”).   

The Company notes that the above mentioned analysis concerning the Refinancing is at an initial stage and decisions on the terms, structure and timing of the potential Refinancing and its implementation depend in particular on the Company's assessment of developments in the financial markets.

The Company will disclose information on decisions related to the potential Refinancing in compliance with the binding provisions of law.

Legal basis

Article 17 Section 1 of the Regulation (EU) No 596/2014 of the European Parliament and  of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.

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Last updated 10/05/2022