Report No. 65_Information on signing the Annex to the Guarantee Line Agreement

Management Board of Mostostal Warszawa S.A. ("Company") informs that on 30 December 2019 The Company concluded Annex no. 12 ("Annex") to the Guarantee Line Agreement from 14 December 2015. ("Agreement") with Credit Agricole Bank Polska.

 

The Annex to the Agreement was amended as follows:

the availability period of bank guarantees is valid until 28 February 2020,

the maximum period of validity of bank guarantees is valid until the date:

- 30 August 2020 for tender guarantees,

- 28 February 2025 for advance payment guarantee,

- 28 February 2030 for the guarantee of good workmanship and guarantee of removal of defects and faults.

The remaining terms and conditions of the agreement do not differ from those commonly used for this type of agreements.

 

Legal basis:

Article 17 paragraph 1 MAR - confidential information

Go back