Execution of Mandate with a group of banks regarding new financing (confidential information) (27/2010)
The Management Board of Netia S.A. (“Netia”, the “Company”) informs that on 29 July 2010 the Company signed a mandate letter with Rabobank Polska S.A., Raiffeisen Bank Polska S.A. and BRE Bank S.A. (the “Mandate”) for arrangement of new financing in an amount the Management considers sufficient to fund a major in-market acquisition by the Company within the scope of and on the terms and conditions stated in the Mandate.
In view of agreeing this Mandate, Netia has today cancelled its existing undrawn loan facility (see Netia’s current report No. 26/2010 dated July 29, 2010).
Legal basis: Article 56, section 1.1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (Journal of Laws 2005, No. 184, item 1539)