PESA has signed a loan agreement
PESA has signed a loan agreement with a consortium of banks led by PKO BP. The agreement provides for a PLN 200 mln loan and PESA’s efforts to acquire an investor by the end of March 2018.
Commenting the agreement, PESA CEO Robert Świechowicz said:
“It was a long and difficult process of negotiations, the signed agreement and the loan granted will allow PESA to execute contracts and acquire new orders. There are next steps in front of us: reorganisation and further talks with investors. All this is to ensure a stable PESA development. I would like to thanks so many people for support and commitment during the negotiations. For me personally last months were a special challenge – not easy one, but giving the satisfaction with the agreement reached. “
The signed agreement stabilises the situation of PESA, the next step will be reorganisation and further talks with the potential investors.