Subject:
Signing of an Annex to a Significant Financial Agreement with Alior Bank S.A. with its registered office in Warsaw.
Legal basis:
Article 17(1) of the MAR Regulation – confidential information
Report content:
The Management Board of ERBUD S.A. (the Issuer) hereby announces the conclusion of Annex No. 20 to Credit Agreement U0002139462604 for a Credit Limit dated September 27, 2012, as amended.
Pursuant to the provisions of the Annex, the Issuer was obliged to establish collaterals within the timeframe specified therein. Said obligation was fulfilled on October 17, 2025.
By virtue of this Annex, the Issuer may use a multi-purpose line up to a maximum amount of PLN 100 million, with a breakdown as follows:
- overdraft facility in the amount of PLN 30 million,
- a guarantee limit of PLN 80 million.
The maturity date of the line is 28 September 2026. The remaining terms and conditions do not differ from market standards.
Both parties agreed to reduce the security in the form of assignment of receivables from construction contracts from 150% to 80% for the guarantee of the line by a subsidiary of ONDE S.A.