POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No17/2021
Date of issue:2021-04-13
Short name of the issuer
AB INTER RAO LIETUVA
Subject
AB INTER RAO Lietuva announces the Board's decision to approve the extension of the overdraft agreement with OP Corporate Bank plc Lithuania Branch
Official market - legal basis
art. 17. 1 MAR.
Unofficial market - legal basis
Contents of the report:
AB INTER RAO Lietuva (hereinafter - the Company) announces that in 2021 the Board of the Company March 30 approved the extension of the overdraft (current bank account credit) agreement (hereinafter referred to as the Agreement) for one year, reducing the amount of the overdraft from EUR 10,000,000 (ten million euro) to EUR 5,000,000 (five million euro); Under the Agreement, OP Corporate Bank plc Lithuania Branch, identification code 302535257 (hereinafter referred to as the Bank), has granted the Company an overdraft with a maximum amount of EUR 5,000,000 (five million euro). The Agreement is considered as a non-transferable financial collateral arrangement (security agreement), the object of which is current and future funds kept by the Company with the Bank. The overdraft will be used to finance working capital needs of the Company. Legal grounds: Article 17.1 of the EU Regulation on market abuse No 596/2014.
Annexes
FileDescription
(fullname of the issuer)
(short name of the issuer)(sector according to clasification of the WSE in Warsow)
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(NIP)(REGON)
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
DateNamePosition / FunctionSignature
2021-04-13Giedrius BalciunasDirector General (CEO)