Annex no. 10 to the loan agreement with Pekao S.A.
02-03-2010
Regulatory filing
The Management Board of Agora SA ("Agora") with its registered seat in Warsaw informs that on March 2, 2010 Agora executed annex no. 10 ("Annex") to the loan agreement ("Agreement") with the bank Pekao S.A.("Bank").
In compliance with the Agreement, including provisions of annex no. 9 (current report no. 18/2009), the Company was entitled to use the hitherto credit line by March 31, 2010. On the basis of the Annex signed, the Company starting from April 1, 2010 has the credit line in the amount of PLN 200,000,000 (two hundred million), which may be used by May 31, 2011.
The credit line shall be made available provided that the necessary steps to extend the period of collateral established in connection with the Agreement are taken and other conditions commonly required in case of such loan agreements shall be fulfilled.
The possible credit, which can be drawn under the available credit line up to PLN 200,000,000 (two hundred million), will be paid in 12 equal quarterly installments, i.e. since June 30, 2012 until March 31, 2015. Interest rate of the credit is defined on the basis of the WIBOR rate for the assumed interest period plus the Bank's margin.
Agora SA informed about signing the Agreement in the current report no. 9/02.
Other significant conditions of the loan agreement remain unchanged.
