Text of the report
The Management Board of Inter Cars S.A. (the “Company”) announces that on September 1st 2017 an annex to the agreement on term and revolving credit facilities of November 14th 2016 (the “Annex”) was signed. The Company’s Management Board announced the agreement in Current Report No. 30/2016 of November 14th 2016 (the “Credit Facility Agreement”).

Under the Annex, the lenders agreed to: (i) postpone until November 14th 2020 the maturity date of the term credit facilities granted under the Credit Facility Agreement, and (ii) postpone until November 14th 2018 the maturity date of the revolving credit facilities granted under the Credit Facility Agreement.

The postponements will take effect after Inter Cars S.A. and the Company’s subsidiaries, parties to the Credit Facility Agreement, fulfil the conditions precedent provided for in the Annex. The conditions precedent include delivery of documents stipulated in the Annex (such as copies of constitutional documents, corporate resolutions, financial statements, tax clearance certificates, certificates of non-default on other public dues and charges) and execution of annexes to documents serving as the basis for creating security with respect to the credit facilities as reported by the Company’s Management Board in Current Report No. 32/2016 of November 18th 2016.

 

Legal basis
Art. 17.1 of MAR − Inside information

 

Authorised representatives

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

 

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