The Management Board of Inter Cars S.A. (the “Company”) announces that on November 7th 2022 an annex (the “Technical Annex’) was signed to the agreement on term and revolving credit facilities of November 14th 2016, whose execution was announced by the Company’s Management Board in Current Report No. 30/2016 of November 14th 2016 and amendments to which were communicated in Current Report No. 30/2017 of September 1st 2017, Current Report No. 25/2018 of October 29th 2018, Current Report No. 27/2019 of October 30th 2019, Current Report No. 22/2020 of November 4th 2020, Current Report No. 21/2021 of November 5th 2021, and Current Report No. 15/2022 of May 27th 2022 (the “Credit Facility Agreement”).
The purpose of the Technical Annex is to postpone the maturity date of the revolving credit facilities provided under the Credit Facility Agreement and to align it with the maturity date of the term credit facility provided under the Credit Facility Agreement. The extension of the maturity dates of the revolving credit facilities and the term credit facility until the target dates of November 30th 2023 for the revolving credit facilities and November 30th 2025 for the term credit facility will be introduced into the Credit Facility Agreement by an annex to be executed by December 9th 2022. Accordingly, pursuant to the Technical Annex, the lenders agreed to change the maturity date of the revolving credit facilities provided under the Credit Facility Agreement to December 9th 2022.
The maturity extension of the revolving credit facilities will take effect after Inter Cars S.A. and the Company’s subsidiaries which are parties to the Credit Facility Agreement fulfil the conditions precedent provided for in the Technical Annex. The conditions precedent include delivery of documents stipulated in the Technical Annex, such as copies of the constitutional documents, corporate resolutions, tax clearance certificates, and certificates of non-default on other public dues and charges.
Art. 17.1 of MAR − inside information
- Piotr Zamora - Member of the Management Board