The management board of Globe Trade Centre S.A. (the "Company" or "GTC") hereby announces that on 13 April 2026, Portfolio Heidenheim I GmbH, Portfolio Kaiserslautern II GmbH, Portfolio Kaiserslautern III GmbH, Portfolio KL Betzenberg IV GmbH and Portfolio KL Betzenberg V GmbH (collectively, the "Borrowers"), subsidiaries of GTC, entered into the third amendment and accession agreement with Berlin Hyp Unselbstständige Anstalt der Landesbank Baden-Württemberg, concerning credit facilities in respect of real estate properties owned by the Borrowers located in Kaiserslautern and Heidenheim in Germany (the "Amendment Agreement").
This loan facility refinances an expiring loan facility provided by another financing party.
The loan in a total amount of up to EUR 148,800,000.00 (the "Loan") is intended for the refinancing of the
existing loan and capex expenses in respect of the Borrowers' properties. The Loan consists of (i) a fixed rate loans in the amount of EUR 111,600,000.00 and (ii) a EURIBOR loans in the amount of EUR 37,200,000.00 bearing interest at 3M EURIBOR increased by applicable margin and liquidity costs – intended for the refinancing of the properties in Heidenheim and in Kaiserslautern. The Loan will mature on 30 March 2031. The fixed rate loans shall be repaid by way of annuity payments at the end of each month. The EURIBOR loans shall be repaid in full at maturity.
The Loan will be secured by standard security instruments for facilities of similar nature.
The disbursement of the Loan under the Amendment Agreement is subject to a number of standard conditions precedent. The terms and conditions of the agreement do not differ from the generally applied standards for this type of agreement.
Legal basis: Art. 17(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 – inside information.
14.04.2026 19:55
