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TMK - ARTROM S.A. - ART

Loan-Facility Agreement

Release Date: 4/19/2019 6:38:17 PM

IRIS Code: 24980

 

 

Current Report

in accordance with Law no. 24/2017 on issuers of financial instruments and market operation and with Regulation no. 5/2018 on issuers of financial instruments and market operations

 

 

Date of the Report:  19 April 2019

Name of the issuing entity:  TMK- ARTROM S.A.

Registered office:  30 Draganesti street, Slatina, Olt, Romania

Telephone/fax number:  +40249436862/ +40249434330

Registered in the Trade Register under no:  J28/9/1991

Tax Identification Number:  RO1510210

Unique Identifier at European Level (EUID):  ROONRC.J28/9/1991

Code LEI:  315700M25SMOU44FAN52

Subscribed and paid up share capital:  291,587,538.34 RON

Regulated market where the issued securities are transacted:  Bucharest Stock Exchange - STANDARD Category (market symbol ART)

 

 

Important events to report:

 

On 16.04.2019, TMK-ARTROM SA, as borrower, executed the facility agreement with VTB BANK (EUROPE) SE, as arranger, facility agent and original lender, according to which the bank will make available a revolving credit facility in aggregate amount of EUR 20,000,000 with an initial maturity date of 12 months from the contract’s execution date and subject to maximum two extension (with the aggregate maturity date, following the second extension, of 36 months from the execution date of the Facility agreement) for:

  • general corporate purposes of the borrower;
  • financing of working capital needs of the borrower;
  • refinancing of existing indebtedness of the borrower;
  • trade finance operations of the borrower.

 

 

Chief Executive Officer,

                                                  ADRIAN POPESCU

 

 



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