PGNiG Upstream International secures $400 million financing

Region:

Europe

Jonathan Bell

Editor-in-chief

PGNiG Upstream International (PUI), a subsidiary of Polish oil and gas group PGNiG, has signed a $400 million credit facility agreement with eight international banks. The main use of proceeds from the facility will be the early repayment of some of PUI’s outstanding debt, including the entire debt contracted to finance the acquisition of assets from Total E&P Norge in 2014.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Oil & gas dealmaking resurgent amid geopolitical strife

Perspective

20 June 2025

Oil & gas dealmaking resurgent amid geopolitical strife

A new report into bank funding for the fossil fuel industry has highlighted a resurgence in dealmaking for oil & gas firms. ECAs may have stepped away, but regardless...

10 minutes with Abdulrahman Al Sowaidi, CEO, QDB

Video

26 June 2025

10 minutes with Abdulrahman Al Sowaidi, CEO, QDB

TXF talks to Abdulrahman Al Sowaidi, CEO of Qatar Development Bank (QDB), at the Exile Global 2025 event, discussing topics such as QDB's multifaceted product offering and its...

Must See

Resilience meets internationalisation in Croatia with HBOR’s Cuvalo

Interview

17 June 2025

Resilience meets internationalisation in Croatia with HBOR’s Cuvalo

Hrvoje Čuvalo, President of the Management Board of the Croatian Bank of Reconstruction and Development, HBOR, and host of the Berne Union’s Spring Meeting in Dubrovnik, discusses HBOR’s evolution and priorities in export and development finance. How is HBOR developing its resilience and endeavouring to mobilise private capital and internationalise Croatia’s economy?

Perspective

20 June 2025

Oil & gas dealmaking resurgent amid geopolitical strife

A new report into bank funding for the fossil fuel industry has highlighted a resurgence in dealmaking for oil & gas firms. ECAs may have stepped away, but regardless producers have access to a range of sources for debt finance including banks, asset managers and commodity traders.

Video

26 June 2025

10 minutes with Abdulrahman Al Sowaidi, CEO, QDB

TXF talks to Abdulrahman Al Sowaidi, CEO of Qatar Development Bank (QDB), at the Exile Global 2025 event, discussing topics such as QDB's multifaceted product offering and its expansion within the international ECA market.