RB 1:TAS Bank increased credit line for KSG Agro Agricultural Holding to $ 3.55 million
Firma: KSG AGRO S.A.Spis treści:
1. RAPORT BIEŻĄCY
2. MESSAGE (ENGLISH VERSION)
3. INFORMACJE O PODMIOCIE
4. PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
| KOMISJA NADZORU FINANSOWEGO | ||||||||||||
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| Raport bieżący nr | 1 | / | 19 | ||||||||
| Data sporządzenia: | 2019-03-18 | |||||||||||
| Skrócona nazwa emitenta | ||||||||||||
| KSG AGRO S.A. | ||||||||||||
| Temat | ||||||||||||
| TAS Bank increased credit line for KSG Agro Agricultural Holding to $ 3.55 million | ||||||||||||
| Podstawa prawna | ||||||||||||
| Treść raportu: | ||||||||||||
| The agricultural holding KSG Agro, represented by its plant growing company KSG Dnepr, has increased its credit line at TAS Bank by $ 1.25 million: from $ 2.3 million to $ 3.55 million. | ||||||||||||
| MESSAGE (ENGLISH VERSION) | |||
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The agricultural holding KSG Agro, represented by its plant growing
company KSG Dnepr, has increased its credit line at TAS Bank by $ 1.25
million: from $ 2.3 million to $ 3.55 million.
The credit line from TAS Bank in the amount of $ 2.3 million was opened
to KSG Dnepr, a member of KSG Agro Group in December 2017, for 4 years,
with the aim to replenish working capital.
In connection with the expansion of the agricultural holding's business,
it became necessary to expand the credit line. In accordance with the
TAS Bank decision adopted in March 2019, the bank increased its credit
line by $ 1.25 million to $ 3.55 million. The period for additional
financing is 3 years. Interest rate is not disclosed.
According to the Chairman of the Board of Directors of the agricultural
holding KSG Agro Sergiy Kasyanov, the increased credit line will lead to
the expansion of the holding's capacity in the field of crop production.
In particular, the loan funds will be used to replenish working capital
and finance the sowing campaign.
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| PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ | |||||
| Data | Imię i Nazwisko | Stanowisko/Funkcja | Podpis | ||
| 2019-03-18 | Andriy Skorokhod | CEO - Dyrector "A" KSG AGRO S.A. | |||
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