Subject:
Signing of Annex No. 27 to a significant financial agreement with BNP Paribas Bank Polska S.A., based in Warsaw.
Legal basis:
Article 17.1 of MAR [Market Abuse Regulation] - confidential information.
Content of the report:
Management Board of Erbud S.A. [PLC] (Issuer) announces that on August 09, 2024 it received Annex No. 27 to the Multi-Purpose Credit Line Agreement No. WAR/4120/05/221/RB1 dated July 07, 2005 with BNP Paribas Bank Polska S.A. [PLC], signed by all parties.
Pursuant to this annex, the Issuer and its subsidiaries (Onde S.A. [PLC], Erbud International sp. z o.o. [LLC]) may use a multi-purpose line in the maximum amount of PLN 140 million, divided into an overdraft limit of PLN 11 million, a limit for guarantees of PLN 140 million and a limit for letters of credit of PLN 70 million.
- the sub-limit for Erbud S.A. [PLC] is PLN 140 million with the possibility of incurring debt of up to PLN 8 million;
- the sub-limit for Onde S.A. [PLC] is PLN 140 million with the possibility of incurring debt of up to PLN 5 million;
- the sub-limit for Erbud International Sp. z o.o. [LLC] is PLN 16 million with the possibility of incurring debt of up to PLN 3 million.
The maturity date of the credit line is June 7, 2025. Other conditions do not deviate from market conditions.