CCC Footwear Secures Up to PLN 250 Million Financing, with 80% Guarantee from State Bank
November 06, 2020 at 01:28 am EST
CCC secured up to PLN 250 million in 2Y renewable credit lines from a group of seven local banks, backed by an 80% guarantee from state development bank BGK. Financing comes from a group of Bank Handlowy, Bank Millennium, BNP Paribas Bank, Bankiem Pekao, mBank, PKO BP and Santander Bank Polska. In addition to the BGK guarantee, banks also have liens in place against assets and pledges from CCC units, the filing indicates.