Brief: OT Logistics Moves Repayment Of Loans, Bonds Redemption

OT Logistics SA

01/11/2021 07:14

Nov 1(Reuters) - OT Logistics SA  OTSL.WA :
    * THE COMPANY SAID ON FRIDAY THAT IT HAS SIGNED AN ANNEX TO
THE
AGREEMENT WITH A CONSORTIUM OF BANKS INCLUDING BNP PARIBAS BANK
POLSKA SA, MBANK SA AND SANTANDER BANK POLSKA SA MOVING THE
FINAL DATE OF REPAYMENT OF LOANS GRANTED TO COMPANY AND ITS
SELECTED SUBSIDIARIES TO DEC. 30, 2021 FROM OCT. 29, 2021
    * IT HAS ALSO SIGNED AN AGREEMENT TO CHANGE TERMS OF G
SERIES
BONDS WITH ITS SOLE BOND HOLDER, MOVING THE REDEMPTION DATE TO
DEC. 30, 2021 FROM OCT. 29, 2021
    * IT ALSO SAID THAT THE REDEMPTION DATE FOR H SERIES BONDS
WAS
MOVED TO APRIL 29, 2022
    * IT ADDED, THAT AFTER THE SETTLEMENT OF THE FIRST PHASE OF
CHG
SALE, REPAYMENT OF BANK LOANS AND PARTIAL REDEMPTION OF BONDS
PLANNED ON NOV. 8, ITS TOTAL DEBT TO ABOVE MENTIONED CREDITORS
WILL BE REDUCED BELOW 66 MLN ZLOTYS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMbgYjKwa
 Further company coverage:  OTSL.WA  

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