Agreements between mBank S.A. and one of its subsidiaries
Current Report |
|
Drafted on: |
29.05.2015 |
Current report No |
35/2015 |
Abbreviated issuer’s name |
mBank |
Contents: |
The Management Board of mBank S.A. ("Bank") announces that since 30 January 2015, the Bank has concluded several agreements with one of its clients, being the Bank's subsidiary ("Subsidiary"), totalling PLN 1,130,950,536.30 The largest of the aforementioned agreements was the annex of 26 May 2015 to the agreement concluded on 29 January 2015. The annex increased the loan value from PLN 200,000,000 to PLN 630,000,000. Thus the principal was increased by PLN 430,000,000 with repayment date falling on 26 May 2017. The loan was granted for financing lease obligations and refinancing the existing credit obligations. The loan interest was determined based on WIBOR increased by the Bank's margin. The agreement includes standard conditions precedent typical of such agreements, which were met at the time of concluding the agreement. The agreement includes conditions subsequent typical of such agreements. The total value of the aforementioned agreements exceeds 10% of the Bank's equity. Additional legal basis: Article 78(3) of the Regulation of the Minister of Finance dated 19 February 2009 on current and periodical information provided by issuers of securities and the conditions for considering to be equivalent information required by regulations of the country not being a member state. |
SIGNATURE OF THE PERSONS REPRESENTING THE COMPANY
Deputy Director of the Compliance Department |
Maciej Mołdawa 05.29.2015 |