04.06.2009
Signing of credit deal with PKO BP SA
On 03.06.2009 Stalprofil SA finalised a credit contract with PKO BP S.A. in Warsaw. According to the contract Stalprofil SA can make use of 25.000.000 PLN credit limit until 31.03.2010. The credit will be used for financing current economic activities of the company. Financial conditions of the credit do not differ from commonly used on the market and are based on WIBOR 1M + bank margin.
The issuer considers the contract significant as its value exceeds 10% of the issuer’s equity.
The main legal security of the credit is mortgage of 25.000.000 PLN on property localised in Katowice, ul. Owsiana 60, where the company’s warehouse is located. Gross evidence value of the property submitted in account books for 31.05.2009 is 22.313.000 PLN.
The company considers the assets on which the mortgage has been made significant as their value exceeds 1.000.000 EUR. There are not any connections between the issuer and the bank.
The issuer considers the contract significant as its value exceeds 10% of the issuer’s equity.
The main legal security of the credit is mortgage of 25.000.000 PLN on property localised in Katowice, ul. Owsiana 60, where the company’s warehouse is located. Gross evidence value of the property submitted in account books for 31.05.2009 is 22.313.000 PLN.
The company considers the assets on which the mortgage has been made significant as their value exceeds 1.000.000 EUR. There are not any connections between the issuer and the bank.