Luka Koper

Capital/Financing Update • Feb 4, 2019

Category: Inside information

Published on: SEOnet

Published at:  01.02.2019 08:15

Published document ID: INI-34/19

INI-36/19

LUKA KOPER, d.d., Koper

Notice on Execution of Loan Agreements

In compliance with the provisions of the Ljubljana Stock Exchange Rules and the applicable legislation, the company Luka Koper, d.d. hereby issues the following notice:

The company Luka Koper, d.d. completed the refinancing of a part of its long-term loans by executing two long-term loan agreements of 10 years with two banks, i.e. Banka Intesa Sanpaolo, d.d. and SID d.d., for a total amount of 43.7 million euros, with each bank providing one half of the assets. Both banks granted the loan under the same conditions and on an unsecured basis. The financial covenants included in both loan agreements do not differ substantially from the financial covenants already included in other loan agreements executed by the company.              

The refinancing of a part of the company’s loans extends the maturity of the company’s sources of financing and at the same time replaces a part of the sources of financing bearing a variable interest rate with those bearing a fixed interest rate, thus reducing the cost of financing.  

This announcement will be published on the website of Luka Koper, d.d. – www.luka-kp.si – starting from 1 February 2019. 

The Management Board

Date: 04.02.2019