Poland's JSW plans up to PLN 1.07 bln loan from state agency to bolster finances

Poland's listed coking coal group JSW plans to apply to the Polish Industrial Development Agency (ARP) for a loan of up to PLN 1.066 bln ($285.79 mln), the company said in a market filing. The loan funds would be used to finance the company's operations during the restructuring period, including activities aimed at reducing operating costs and optimizing the functioning of the JSW Capital Group, the company said. 

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