Further to Current Report No. 30/2023 of December 7th 2023, the Management Board of Inter Cars S.A. (the “Company”) announces that on December 13th 2023 conditions precedent specified in the Annex of December 7th 2023 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:
- the final repayment date of the term facility granted under the Credit Facility Agreement has been extended until November 30th 2026;
- the maximum total amount of the term credit facilities granted under the Credit Facility Agreement has been increased by PLN 156,000,000 (one hundred and fifty-six million złoty) to PLN 994,814,000 (nine hundred and ninety-four million eight hundred and fourteen thousand złoty);
- the final repayment date of the revolving credit facilities granted under the Credit Facility Agreement has been extended until November 29th 2024;
- the maximum total amount of the revolving credit facilities granted under the Credit Facility Agreement has been increased by PLN 244,000,000 (two hundred and forty-four million złoty) to PLN 1,549,373,500 (one billion five hundred and forty-nine million three hundred and seventy-three thousand five hundred złoty).
- certain sustainability linked-loan provisions have been incorporated into the Credit Facility Agreement, including sustainability performance targets defined in the Annex (Key Performance Indicators, KPIs), the achievement of which may affect the level of margins under the Credit Facility Agreement, in accordance with the relevant provisions of the Annex.
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.
Art. 17.1 of MAR − Inside information
- Krzysztof Soszyński - Vice President of the Management Board
- Piotr Zamora- Member of the Management Board
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