Conclusion of a loan agreement by the Issuer's subsidiary
(Current report no. 61/2019)
20.12.2019 /Issuer/
Legal basis:
Article 17 paragraph 1 MAR - Confidential
Management Board of CCC S.A. (hereinafter referred to as: the Issuer) informs that on 20th December 2019 got the information that the subsidiary CCC Russia Sp. z o.o. with headquarters in Moscow has concluded a credit agreement with AO Citibank with headquarters in Moscow, ul. Gasheka 8-10, 125047 Moscow, in the form of a credit limit in the amount of RUB 1 124 640 000 (in words: one billion one hundred twenty four million six hundred forty thousand Russian rubles), which is PLN 69 165 360 (in words: sixty nine million one hundred sixty five thousand three hundred and sixty zlotys).
Basing on this contract, a commitment due to the loan agreement in the form of a credit limit of
19th December 2017, as amended, has been made, of which the Company informed in current reports (CR No. 65/2017 of 21st December 2017 and CR No. 59/2018 of 28th December 2018).
The credit limit is valid until 18th December 2020.
Other conditions of the contract do not differ from terms commonly used for this type of contracts.
The Issuer's Management Board has decided to publish the aforementioned information due to the significant value of the contracts concluded by the Issuer and entities from the CCC Capital Group with the Citi Group.
Signatures:
1/ Marcin Czyczerski - President of the Management Board
2/ Mariusz Gnych - Vice-President of the Management Board