Brief: Grupa Azoty Says Creditors Of Polyolefins Unit Adopt Partial Arrangement In Arrangement Approval Proceedings

Grupa Azoty SA

30/03/2026 06:22

March 30 (Reuters) - Grupa Azoty S.A. ATTP.WA:

SAID ON FRIDAY THAT ITS UNIT GRUPA AZOTY POLYOLEFINS' CREDITORS HAD ADOPTED PARTIAL ARRANGEMENT IN ARRANGEMENT APPROVAL PROCEEDINGS

ARRANGEMENT IS IN LINE WITH PROPOSAL ANNOUNCED BY COMPANY ON MARCH 23

UNIT TO FILE MOTION FOR COURT APPROVAL OF ARRANGEMENT ON MARCH 28

UNIT TO WITHDRAW COURT MOTION ON APRIL 2 IF RESTRUCTURING DEALS NOT SIGNED BY APRIL 1

RESTRUCTURING DEALS MUST ENSURE FINANCING FOR REPAYMENT OF DEBT COVERED BY ARRANGEMENT

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