Cyfrowy Polsat S A : Execution of a material financing agreement by Farma Wiatrowa Przyrów sp. z o.o.
October 16, 2023 at 11:46 am EDT
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Current report no.
40/2023
Date
16 October 2023
Subject
Execution of a material financing agreement by Farma Wiatrowa Przyrów sp.
z o.o.
The Management Board of Cyfrowy Polsat S.A. (the "Company") hereby announces that on 16 October 2023, an indirect subsidiary of the Company, Farma Wiatrowa Przyrów sp. z o.o., entered into a credit agreement (the "Agreement") with EFG Bank Ltd. (the "Bank"), which envisages granting financing in the form of a term loan of up to PLN 360,000,000 on the terms and conditions detailed in the Agreement with a variable interest rate. The obtained funds will serve as financial security for the execution of the "Przyrów" wind farm with targeted installed capacity of 50.4 MW. Pursuant to the provisions of the Agreement, the final repayment date of the term loan was set for 16 October 2028. Financial and other conditions of the Agreement do not differ from market conditions.
Legal basis
Article 17 Section 1 of the Regulation (EU) No 596/2014 of the European
Parliament and of the Council of 16 April 2014 on market abuse (market abuse
regulation) and repealing Directive 2003/6/EC of the European Parliament and
of the Council and Commission Directives 2003/124/EC, 2003/125/EC and
2004/72/EC
Signed by:
/s/ Mirosław Błaszczyk
/s/ Katarzyna Ostap-Tomann
/s/ Tomasz Gillner-Gorywoda
Mirosław Błaszczyk
Katarzyna Ostap-Tomann
Tomasz Gillner-Gorywoda
President
Member of the Management
Registered Proxy
of the Management Board
Board
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Cyfrowy Polsat SA published this content on 16 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 October 2023 15:45:16 UTC.
Cyfrowy Polsat S.A. is one of the leading media and telecommunication groups in Poland. Net sales break down by activity as follows:
- operation of digital and audiovisual media (82.3%): operation of Internet portals, radio stations and TV channels, broadcasting services for per-decoder TV streams, etc.;
- broadcasting and program production (16.9%): entertainment programs, series, etc. broadcast on TV and on radio stations ;
- other (0.8%).
CYFROWY POLSAT S.A. 
