3/2021 | Conclusion of credit agreements by a subsidiary for the purpose of financing the implementation of stages 3A and 3B of a residential investment at Coopera Street in Warsaw

The Management Board of Unibep SA (Company, Issuer) informs that on 22 January 2021 the company belonging to the Issuer's Capital Group, i.e., Coopera IDEA Sp. z o.o. Sp. k. with its registered office in Warsaw (Coopera, Borrower), in which the shareholders are Unidevelopment SA (Limited Partner) and IDEA Sp. z o.o. (General Partner) concluded with PKO Bank Polski SA (Bank) a loan agreement under which the Bank granted the Borrower an investment loan in the amount of PLN 53.7 million (Investment Loan) and a revolving working capital loan in the amount of PLN 5.0 million (VAT loan).

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