The Management Board of Grupa Kęty S.A. (hereinafter referred to as the Company or the Issuer) informs that on 13 November 2020 it made a decision on the acceptance of the terms presented by Bank BNP Paribas Bank Polska Spółka Akcyjna (hereinafter referred to as the Bank) as regards amendment of the terms of a multipurpose credit facility agreement concluded with the Bank, about which the Issuer informed in the current report No. 29/2018 of 26 June 2018 (hereinafter referred to as the Agreement), and that an annex to the Agreement was signed.
Based on the annex the facility maturity date is extended to 24 months counting from the date of signing the annex to the Agreement, whereas on 30 November 2020 the credit limit amount available to all the Borrowers will be increased to PLN 400,000,000, unless the Issuer files a written instruction by 26 November 2020 on resignation from the limit increase, whereas the intent of the Issuer is to file such instruction.
The other terms and conditions of the agreement do not differ from the generally binding standards in that regard.