Consent to waiver of certain covenants under Grupa Azoty Group’s financing agreements

31.08.2023

On August 31st 2023, Grupa Azoty signed waiver and amendment letters with 13 financing institutions whereby they agreed to waive certain covenants laid down in agreements on the provision of financing to Grupa Azoty and Grupa Azoty Police. The waiver was granted in response to requests submitted by these entities in June 2023. Under the waiver letters, consent was given to waive the net debt/EBITDA covenant as at the end of June 2023. The terms of the waiver letters do not differ from standard terms used in agreements of this type. Grupa Azoty will remain in continued dialogue with the financing institutions.

For more information:

Monika Darnobyt
Press Officer of the Grupa Azoty Group
##gotrocxz#at#vgjeppodin.rdb##
Phone: +48 785 780 005

Press release PDF (108.89 KB) Press release - editable version DOCX (84.33 KB)

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