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Kruk S.A. — Capital/Financing Update 2019
Sep 5, 2019
5678_rns_2019-09-05_fb4f66ae-475e-436a-9b1f-55f1cad25206.html
Capital/Financing Update
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Current Report No. 43/2019
Date of the report: September 5th 2019
Subject: Execution of syndicated revolving credit facility agreement
Legal basis: Art. 17(1) of MAR - Inside information
Text of the report:
Further to Current Report No. 35/2017 of July 3rd 2017, the ManagementBoard of KRUK S.A. (the Company) announces that today, September 5th2019, the Company and its subsidiaries ei. InvestCapital LTD, KrukRomania SRL and Prokura NS FIZ (the "Borrowers") entered into amulti-currency revolving credit (the "Credit Facility") facilityaddendum (the "Addendum") with a bank syndicate comprising of DNB BankASA of Oslo, ING Bank Śląski S.A. of Katowice, Santander Bank Polska ofWarsaw, and mBank S.A. of Warsaw (the "Lenders"). The subject matter ofthe Addendum is to increase the Credit Facility up to the maximum amountof EUR 260 million and to extend the availability of the Credit Facilityfor another 12 months. Other terms and conditions of the loan agreementwere not materially changed.