Brief: Mennica Polska Places Offer For Acquisition Of 50% Stake In Mennica Towers GGH MT

Mennica Polska SA

19/07/2021 17:30

July 19 (Reuters) - Mennica Polska SA  MNCP.WA :
    * MANAGEMENT DECIDES TO PLACE PURCHASE OFFER FOR 50% STAKE
IN
MENNICA TOWERS GGH MT    
    * UNDER OFFER UNIT MENNICA POLSKA SA TOWER S.K.A TO BUY 50%
STAKE
IN MENNICA TOWERS GGH MT (SPV) AND 100% STAKE IN GGH MT
    * UNIT UNDERTAKES TO PAY OFF ALL BONDS ISSUED BY SPV
BELONGING TO
THE SELLER
    * THE PRICE FOR THE SHARES AND REPAYMENT OF BONDS WILL
JOINTLY
CONSTITUTE FOR AMOUNT OF EUR 123.0 MILLION
    * THE TRANSACTION WILL BE FINANCED PARTIALLY WITH THE FUNDS
OBTAINED FROM THE LOAN GRANTED ON THE BASIS OF LOAN AGREEMENT TO
BE CONCLUDED BETWEEN, INTER ALIA, SPV AS A BORROWER, AAERAL BANK
AG AS LENDER AND BERLIN HYP AG AS LENDER AND SECURITY AGENT     

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1DQkGla
    
 Further company coverage:  MNCP.WA  
   


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