Subject:
Signing of the Annex to the Significant Financial Agreement with Credit Agricole Bank Polska S.A. with the registered office in Wrocław.
Legal basis:
Article 17(1) MAR - Confidential Information.
Report content:
The Management Board of the Issuer hereby announces that on 29-09-2021 Erbud S.A. (Issuer) signed with Credit Agricole Bank Polska S.A. Annex No. 12 to the Line Agreement No. KKW/NS/15/2015 dated 18-09-2015. By virtue of Annex No. 12, the Issuer jointly with its Subsidiaries, i.e.: (Erbud Industry Sp. z o.o.; Erbud Industry Centrum Sp. z o.o.; Erbud Industry Południe Sp. z o.o.) may benefit from a multi-purpose credit line up to a total of PLN 60 million and the Issuer's subsidiaries may incur debt up to the following amounts i.e.: (Erbud Industry Sp. z o.o. - PLN 7 mln; Erbud Industry Centrum Sp. z o.o. - PLN 7 million; Erbud Industry Południe Sp. z o.o. - PLN 7 million). The maximum total value of the credit may not exceed PLN 21 million and the maximum amount of the limit for bank guarantees may not exceed PLN 60 million. The Issuer may use up to the full amount of the limit, i.e. PLN 60 million, while its subsidiaries may submit orders for guarantees up to the maximum amounts, i.e.: (Erbud Industry Sp. z o.o. - PLN 10 million; Erbud Industry Centrum Sp. z o.o. - PLN 15 million; Erbud Industry Południe Sp. z o.o. - PLN 12 million).
The aforementioned banking products have been made available to the Issuer and Subsidiaries until 30 September 2022.
The other terms and conditions remain unchanged.