Early repayment of facility loans by Cyfrowy Polsat S.A. and Polkomtel sp. z o.o.

Date: 
09 May 2023

The Management Board of Cyfrowy Polsat S.A. (the “Company”) informs that on 9 May 2023, the Company and its subsidiary, Polkomtel sp. z o.o. (“Polkomtel”), submitted to the facility agent an irrevocable instruction to initiate the procedure of an early repayment of the full amount of the term facility loan and the revolving facility loan granted under the Senior Facilities Agreement of 21 September 2015, entered into by, among other parties, the Company (as the borrower) and a consortium of financial institutions, as amended by the amendment, restatement and consolidation deed of 21 September 2015, notified by the Company’s Management Board in its current report No. 42/2015 of 21 September 2015, the second amendment and restatement deed of 2 March 2018 notified by the Company’s Management Board in its current report No. 9/2018 of 2 March 2018, and the third amendment and restatement deed of 27 April 2020, notified by the Company’s Management Board in its current report No. 14/2020 of 27 April 2020. A prepayment in the aggregate amount of PLN 8,843.7 million is planned for 16 May 2023. As a result of the prepayment, the Company and Polkomtel will repay the entire debt under the facilities agreement referred to above.

 

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.

Attached files: 
Category: 
Report Number: 
10/2023
Last updated 05/09/2023