Brief: TXM Says ING Bank Slaski Terminates Standstill Deal With Company

TXM SA w upadlosci

12/08/2019 06:16

Aug 12 (Reuters) - TXM SA  TXM.WA :
    * SAYS ING BANK SLASKI HAS TERMINATED STANDSTILL DEAL WITH
COMPANY
    * AS A RESULT, ING HAS BLOCKED ACCESS TO LETTER OF CREDIT
LIMIT OF
2.2 MILLION ZLOTYS AND ITS REVOLVING LOAN OF 2.9 MILLION ZLOTYS
    * FOLLOWING ING, PKO BP HAS ALSO BLOCKED COMPANY ACCESS TO
LETTER
OF CREDIT LIMIT OF 1.8 MILLION ZLOTYS AND 1.2 MILLION ZLOTY
REVOLVING LOAN
    * SAYS PLANS TO TAKE ACTIONS AIMING AT UNBLOCKING CREDIT
LIMITS IN
BOTH BANKS

Source text for Eikon:  ID:nEM5ZQ5Z2a 
Further company coverage:  TXM.WA 

 (Gdynia Newsroom)
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