TOYA S.A. (hereinafter: “Issuer”) informs that on 4 March, 2019, it concluded with mBank S.A. with a registered seat in Warsaw Overdraft Agreement 09/030/19/Z/VV (hereinafter: the “Agreement”). The subject of the agreement is the debt limit granted to finance the Issuer’s current operations. In the first place, the funds will be used to repay financial liabilities towards Raiffeisen Bank Polska S.A. in accordance with Debt Limit Agreement no. CRD/L/11381/02 of 2 October, 2002. with Raiffeisen Bank Polska S.A. with its registered office in Warsaw, with repayment date of 8 March, 2019 (referred to in the Prospectus in item 25.1.3).
The overdraft amount is PLN 40,000,000. The repayment date is 3 March, 2020.
The loan collateral is:
- mortgage upon the real property in Wrocław at ul. Strzelecka 1 and
- a blank promissory note as issued by the Issuer, accompanied by a blank promissory note agreement.
The interest rate will be equal to the WIBOR ON base rate plus the Bank’s margin.
The other terms and conditions of the Agreement do not deviate from the generally applicable terms and conditions with respect to this type of agreements.
Legal basis: art. 17, section 1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April, 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (OJ EU L of 2014 No. 173, p. 1 as amended).
Grzegorz Pinkosz
President of the Management Board