PKO BP SA and Grupa Apator Companies enter into Multi-Purpose Credit Line Agreement
The Management Board of Apator SA would like to announce that in order to optimize financing PKO BP SA and the following Apator Group Companies have entered into a Multi-Purpose Credit Line Agreement on 26 May 2023: Apator SA, Apator Powogaz SA, Apator Metrix SA (hereinafter referred to as "Companies").
The subject of the Agreement is granting a multi-purpose credit line in the total amount of PLN 80 million for the financing of the Companies' day-to-day operations. The credit line will be available for use in the form of revolving loans, bank guarantees and letters of credit.
The credit line matures on 26 May 2025.
The interest rate on the credit line is based on WIBOR/EURIBOR 1M, SOFR O/N, SONIA O/N, plus the bank's margin.
The collaterals of the agreement are as follows:
- joint cap mortgage on the real estate of Apator Powogaz SA and Apator Metrix SA,
- registered pledges on fixed assets of Apator SA and Apator Powogaz SA,
- assignment of rights under the insurance policy for the above collateral,
- a declaration of submission to execution by each company pursuant to Article 777 Section 1(5) of the Act of 17 November 1964 — Code of Civil Procedure (Dz.U. /Journal of Laws/ of 2021, item 1805, as amended).
Legal basis: Art. 17(1) of MAR — confidential information
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