# Grupa Azoty Polyolefins secures $1.075 billion senior loan for Polimery Police project

Grupa Azoty Polyolefins signed commitment letters with 11 financial institutions for a $1.075 billion senior loan to finance the Polimery Police project, a polyolefins plant in Police, Poland. Total project budget is $1.795 billion.

- Type: Investment
- Announced: 2020-03-30
- Where: Police, Poland, Poland
- Value: $1.79B
- Status: announced
- Products: polyolefins
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Grupa Azoty Polyolefins](https://endata.com/companies/43507.md)
- [Hyundai Engineering](https://endata.com/companies/1884.md) (investor)
- [Grupa Azoty](https://endata.com/companies/9017.md) (investor)
- [Lotos](https://endata.com/companies/20982.md) (investor)
- [Korea Overseas Infrastructure and Urban Development](https://endata.com/companies/46174.md) (investor)

## Sources

- [grupaazoty.com](https://grupaazoty.com/en/news/polimery-police-project-with-confirmed-funding-conditions-with-financing-partners), 2020-03-30: "The Management Board of Grupa Azoty Polyolefins S.A. has signed commitment letters with Polish and international financial institutions, confirming the submission of debt offers for the 'Polimery Police' project."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.