Text of the report

 The Management Board of Inter Cars S.A. (the “Company”) announces that on November 4th 2020 an annex was executed to the agreement on term and revolving credit facilities of November 14th 2016 (the “Annex”). The execution of the agreement was announced by the Company’s Management Board in Current Report No. 30/2016 of November 14th 2016, while its amendments were communicated in Current Report No. 30/2017 of September 1st 2017, Current Report No. 27/2018 of October 29th 2018 and Current Report No. 27/2019 of October 30th 2019 (the “Credit Facility Agreement”).

 

Under the Annex, the lenders agreed to: 1. extend until November 14th 2022 the maturity date of the term facility granted under the Credit Facility Agreement; and 2. extend until November 12th 2021 the maturity date of the revolving credit facilities granted under the Credit Facility Agreement.

 

The maturity extension of the term and revolving credit facilities 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 the constitutional documents, corporate resolutions, tax clearance certificates, and certificates of non-default on other public dues and charges.

 

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 (MAR) – inside information.

 

Legal basis

Art. 17.1 of MAR − Inside information

 

Persons representing the Company

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