KERNEL HOLDING S.A.: KERNEL ANNOUNCE AMENDMENT AND EXTENSION OF ITS PRE-EXPORT CREDIT FACILITY

opublikowano: 2019-09-26 01:00

Spis treści:

1. REPORT

2. INFORMATION ABOUT THE ENTITY

3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY


Spis załączników:
Current_report_23_2019_eng.pdf  (REPORT)

POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 23 / 2019
Date of issue: 2019-09-26
Short name of the issuer
KERNEL HOLDING S.A.
Subject
KERNEL ANNOUNCE AMENDMENT AND EXTENSION OF ITS PRE-EXPORT CREDIT FACILITY
Official market - legal basis
art. 56. 1. 2 of Act on Public Offering.
Unofficial market - legal basis
Contents of the report:
Kernel Holding S.A. (herein “the Company”) is pleased to announce that as of 23 September 2019, the Company entered into an amendment and restatement agreement to its pre-export credit facility dated 2 February 2018 with a syndicate of European banks and EBRD. Total available limit under amended facility was increased up to US$ 300 million by adding additional tranche of US$ 200 million maturing 30 June 2021. Moreover, the tenor of existing US$ 100 million tranche was extended for one year till 30 June 2022.

Pre-export credit facility will be used by the Company to fund the working capital needs of its grain trading and transshipment business in Ukraine.
Annexes
File Description
Current report 23 2019 eng.pdfCurrent report 23 2019 eng.pdf

KERNEL HOLDING S.A.
(fullname of the issuer)
KERNEL HOLDING S.A. Spożywczy (spo)
(short name of the issuer) (sector according to clasification
of the WSE in Warsow)
L-1273 Luxembourg
(post code) (city)
rue de Bitbourg 19
(street) (number)
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature