Brief: Famur Raises Limit Under Loan Deal To Max. Of 500 Mln Zlotys To Finance PV Segment

Grenevia SA

19/07/2021 09:28

July 19 (Reuters) - FAMUR SA  FMF.WA :
    * SAID ON FRIDAY THAT IN AGREEMENT WITH UNIT TDJ AND MACIEJ
MARCJANIK HAVE SIGNED ANNEX TO INVESTMENT DEAL
    * RIGHTS AND OBLIGATIONS OF TDJ STEMMING FROM THE CHANGED
INVESTMENT DEAL HAVE BEEN TRANSFERRED TO FAMUR SOLAR
    * PARTIES OF THE DEAL HAVE AGREED TO RAISE LIMIT UNDER LOAN
DEAL
TO MAXIMUM OF 500 MILLION ZLOTYS TO FINANCE FURTHER SPENDING IN
PV SEGMENT
    * SAID AMOUNT WILL BE PAID IN TRANCHES BY FAMUR SOLAR TO
BORROWER,
MACIEJ MARCJANIK TO FINANCE INVESTMENT CERTIFICATES OF PROJEKT
SOLARTECHNIK FIZ
    * MAXIMUM LOAN VALUE IS SET FOR 150 MILLION ZLOTYS AT FIXED
INTEREST RATE 
    * FINAL LOAN REPAYMENT IS DUE ON JULY 31 2022

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1jdVPZa
    
 Further company coverage:  FMF.WA  
   


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