Werth-Holz secures US$4.12M credit line from Erste Bank Polska
What's the deal? Werth-HolzDealroom has a profile for this one. Try Dealroom → has signed a credit agreement with Erste Bank PolskaDealroom has a profile for this one. Try Dealroom → for a multiline facility worth US$4.12M (roughly $4.4 million). The deal, structured as post-IPO debt, was announced in August 2026.
What's the money for? The financing supports the Polish company's operations, including its "Osiedle na Skraju" residential development project.
How does it wind down? The facility carries a scheduled reduction plan: to US$3.69M by June 30, 2027, to US$3.24M by June 30, 2028, and to US$787.5K by June 30, 2029. Repayment will come from the company's cash flows, sales of homes built under the development project, and disposals of fixed assets.
What secures it? Collateral includes a joint mortgage of up to US$6.19M on company properties, an insurance rights assignment, and a registered pledge on inventory valued at US$2.82M. Subsidiaries EnoviahausDealroom has a profile for this one. Try Dealroom → and Werth-Holz Sp. z o.o.Dealroom has a profile for this one. Try Dealroom → are joining the debt.
The terms: The loans carry market-based interest, tied to one-month WIBOR for PLN debt and one-month EURIBOR for debt denominated in euros.
The signal: The layered collateral and steep repayment schedule point to a facility built to bridge the company through its development cycle rather than fund open-ended expansion — a pragmatic use of bank debt by a listed builder tapping asset sales to deleverage.
Read more: Bankier.pl
Image credit: Generated with Gemini
