Refinancing of existing PLN 1.0bn Additional Facility
Current report No. 35/2022
Legal basis: Article 17 MAR - inside information
Title: Refinancing of existing PLN 1.0bn Additional Facility
With reference to the current reports: No. 20/2021 of 9 December 2021 and No. 24/2022 of 31 May 2022, concerning the establishment of a committed PLN 1,000,000,000 bridge term loan financing (the "Additional Facility") between Allegro Treasury S.à r.l. and Santander Bank Polska S.A., in order to facilitate the financing of the acquisition of 100% stakes in each of Mall Group a.s., and WE|DO CZ s.r.o., the Board of Directors of Allegro.eu updates the above mentioned information, by announcing the signing of an annex on 26 October 2022 to the Senior Facilities Agreement of 14 October 2020 (“SFA”), under which the existing PLN 1,000,000,000 Additional Facility will be refinanced with a new facility (“New Additional Facility”). Utilization of the New Additional Facility is expected to occur around 9 November 2022, but in any event no later than 30 days from the date of signing this New Additional Facility.
The final maturity date for the New Additional Facility is 14 October 2025, consistent with the PLN 5,500,000,000 Term Loan B under the SFA. There are no prepayments due on the New Additional Facility prior to the final due date on 14 October 2025. The facility will rank pari passu with other facilities made available pursuant to the SFA (see: current report No. 10/2020 of 14 October 2020). Other terms and conditions including Margin, Guarantors, and Transaction Security as defined in the SFA are applicable to the New Additional Facility. There are no additional covenants relating to the New Additional Facility.
Allegro.eu is a Luxembourg public limited liability company (société anonyme), registered office: 1, rue Hildegard von Bingen, L – 1282 Luxembourg, Grand Duchy of Luxembourg, R.C.S. Luxembourg: B214830.