Unipetrol to Pay Back Half of $156b Loan to PKN

Czech oil processing firm Unipetrol will pay back half of a 4 billion crown ($155.84 million) loan from its majority shareholder, Poland's PKN Orlen on March 20, the company said in a regulatory filing on Tuesday.

 

The loan was provided in two equal tranches December 2013 and January 2014, and originally both tranches had three-year maturity.

 

Unipetrol spokesman was not immediately available for further comment.