Further to current report No. 30/2015 dated 19 August 2015, the management board of Globe Trade Centre S.A. (“GTC”) hereby announces that on  6 December 2017, Centrum Światowida Sp. z o.o. with its registered office in Warsaw (“Centrum Światowida”), a subsidiary of GTC, concluded an annex to the credit facilities agreement dated 17 August 2015 (the “Agreement”) executed with Bank Polska Kasa Opieki S.A. with its registered office in Warsaw (“Bank Pekao”) concerning financing and refinancing of Galeria Północna located at ul. Światowida 17 in Warsaw, the district of Białołęka (the “Project”) (the “Annex”).

The Annex increases the amount of the investment loan available for Centrum Światowida to up to EUR 200,000,000.00 from the current EUR 150,000,000.

The Loans will be repaid in monthly instalments and subsequently by a one-off payment of the remaining principal amount at maturity. Centrum Światowida is required to pay to Bank Pekao standard preparation costs and interest at a rate of 3M EURIBOR, increased by margin.

Legal basis: Article 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.

 6.12.2017   15:10