| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
| UNI - EN REPORT No | 23 | / | 2019 | ||||||||
| Date of issue: | 2019-09-26 | ||||||||||
| Short name of the issuer | |||||||||||
| KERNEL HOLDING S.A. | |||||||||||
| Subject | |||||||||||
| KERNEL ANNOUNCE AMENDMENT AND EXTENSION OF ITS PRE-EXPORT CREDIT FACILITY | |||||||||||
| Official market - legal basis | |||||||||||
| art. 56. 1. 2 of Act on Public Offering. | |||||||||||
| Unofficial market - legal basis | |||||||||||
| Contents of the report: | |||||||||||
| Kernel Holding S.A. (herein “the Company”) is pleased to announce that as of 23 September 2019, the Company entered into an amendment and restatement agreement to its pre-export credit facility dated 2 February 2018 with a syndicate of European banks and EBRD. Total available limit under amended facility was increased up to US$ 300 million by adding additional tranche of US$ 200 million maturing 30 June 2021. Moreover, the tenor of existing US$ 100 million tranche was extended for one year till 30 June 2022. Pre-export credit facility will be used by the Company to fund the working capital needs of its grain trading and transshipment business in Ukraine. | |||||||||||
| Annexes | |||||||||||
| File | Description | ||||||||||
| Current report 23 2019 eng.pdf | |||||||||||
| KERNEL HOLDING S.A. | |||||||||||||
| (fullname of the issuer) | |||||||||||||
| KERNEL HOLDING S.A. | Spożywczy (spo) | ||||||||||||
| (short name of the issuer) | (sector according to clasification of the WSE in Warsow) | ||||||||||||
| L-1273 | Luxembourg | ||||||||||||
| (post code) | (city) | ||||||||||||
| rue de Bitbourg | 19 | ||||||||||||
| (street) | (number) | ||||||||||||
| (phone number) | (fax) | ||||||||||||
| (e-mail) | (web site) | ||||||||||||
| (NIP) | (REGON) | ||||||||||||
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
Current report 23 2019 eng.pdf
