POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No23/2013
Date of issue:2013-08-12
Short name of the issuer
KERNEL HOLDING S.A.
Subject
SIGNING OF USD 140 MILLION SECURED FACILITY AGREEMENT
Official market - legal basis
Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
Unofficial market - legal basis
Contents of the report:
Kernel Holding S.A. is reporting that its subsidiary entered into a USD 140 million facility agreement with a Russian bank. The loan consists of two tranches – a USD 100 million 5-year tranche and a USD 40 million 12-month tranche. The loan is a USD facility that will be drawn to partially refinance the acquisition costs and corporate debt of the 108,000 hectare farming business acquired in June 2013.
Annexes
FileDescription
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-1331Luksemburg
(post code)(city)
rue de Bitbourg19
(street)(number)
(phone number)(fax)
(e-mail)(web site)
(NIP)(REGON)
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
DateNamePosition / FunctionSignature
2013-08-12A.Usachova, Y.KovalchukDirectors