Text of the report

Further to Current Report No. 25/2018 of October 29th 2018, the Management Board of Inter Cars S.A. (the “Company”) announces that on November 9th 2018 conditions precedent specified in the Annex of October 29th 2018 to the agreement on term and revolving credit facilities of November 14th 2016 (as announced by the Company’s Management Board in Current Report No. 30/2016 of November 14th 2016) (the “Credit Facility Agreement”) were fulfilled. Therefore:

1. The repayment date of the term credit facilities granted under the Credit Facility Agreement was postponed until November 14th 2021;

2. The repayment date of the revolving credit facilities granted under the Credit Facility Agreement was postponed until November 14th 2019;

3. The maximum total amount of the term credit facilities granted under the Credit Facility Agreement was increased by PLN 37,000,000.00 (thirty-seven million złoty) to PLN 537,000,000.00 (five hundred and thirty-seven million złoty); and 

4. The maximum total amount of the revolving credit facilities granted under the Credit Facility Agreement was increased by PLN 63,000,000.00 (sixty-three million złoty) to PLN 838,000,000.00 (eight hundred and thirty-eight million złoty).

Legal basis

Article 17.1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the MAR) - inside information.

 


Persons representing the Company

  • Piotr Zamora - Member of the Management Board
  • Jacek Piotrowiak - Commercial proxy

 

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