Grupa LOTOS S.A. Annual Report 2008
| Bank’s name; form of incorporation | Registered office | Loan amount as per agreement | Outstanding loan amount (current portion) |
Outstanding loan amount (non-current portion) |
Maturity date | Financial terms and conditions (interest rate, interest payment schedule etc.) | Type of security | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| PLN (in ‘000) |
Foreign currency (in ‘000) |
PLN (in ‘000) |
Foreign currency (in ‘000) |
PLN (in ‘000) |
Foreign currency (in ‘000) |
Current portion | Non-current portion | ||||
| PKO BP S.A. | Warsaw | 133,941 | - | 215 | - | - | - | Overdraft facility | - | 1M WIBOR + bank’s margin | submission to enforcement |
| ING Bank Śląski S.A. | Warsaw | - | 40,000 USD or its equivalent | 82 | - | - | - | Overdraft facility | - | 1M WIBOR + bank’s margin | submission to enforcement |
| Bank Consortium (1) | - | - | 400,000 USD | 11,557 | 3,768 USD | 1,184,720 | 400,000 USD | Mar 15 2009 |
Dec 20 2011 |
based on 3M or 6M LIBOR USD, depending on the interest period as selected from time to time + bank’s margin | registered pledge over inventories, registered pledge over bank accounts, assignment of rights under inventory insurance agreements, assignment of rights under inventory storage agreements, submission to enforcement |
| Bank Consortium (2) | - | - | 1,125,000 USD | 11,629 | 3,926 USD | 1,434,195 | 484,231 USD | Mar 15 2009 |
Jan 15 2021 | based on 1M, 3M or 6M LIBOR USD, depending on the interest period as selected from time to time + bank’s margin | mortgage, registered pledge over existing and future movables, registered pledge over bank accounts, assignment of rights under agreements for the implementation and management of the 10+ Programme, assignment of rights under insurance agreements relating to the Gdańsk refinery, assignment of licence, hedging and sale agreements with a value of over PLN 10m per year, submission to enforcement |
| Bank Consortium (3) | - | - | 425.000 USD | 3,748 | 1.266 USD | 479,576 | 161.920 USD | Mar 15 2009 |
Jan 15 2021 | fixed interest rate | |
| Bank Consortium (4) | - | - | 200,000 USD or its equivalent | 246,093 | - | - | - | Overdraft facility | - | 3M WIBOR + bank’s margin | |
| 8,096 | 1.940 EUR | - | - | 3M EURIBOR + bank’s margin | |||||||
| 33,058 | 11.161 USD | - | - | 3M LIBOR USD + bank’s margin | |||||||
| Bank Consortium (5) | Warsaw | 340,000 | - | 43,498 | - | 217,235 | - | Dec 31 2009 | Dec 31 2014 | 1M WIBOR + bank’s margin | mortgage |
| Kredyt Bank S.A. | Warsaw | 60,000 | - | 6,000 | - | 32,987 | - | Dec 31 2009 | Jun 30 2015 | 1M WIBOR + bank’s margin | mortgage |
| PKO BP S.A. | Warsaw | 25,000 | - | 13,680 | - | - | - | Overdraft facility | - | 1M WIBOR + bank’s margin | none |
| Pekao S.A. | Warsaw | 30,000 | - | 5,678 | - | - | - | Overdraft facility | - | 1M WIBOR + bank’s margin | power of attorney over bank account |
| Raiffeisen Bank Polska S.A. | Rzeszów | 10,000 | - | 2,081 | - | 6,000 | - | Dec 31 2009 | Dec 28 2012 | 1M WIBOR + bank’s margin | power of attorney over bank account, submission to enforcement, security (deposit) mortgage |
| Pekao S.A. | Warsaw | 15,000 | - | 9,605 | - | - | - | Jun 30 2009 | - | 1M WIBOR + bank’s margin | power of attorney over bank account, submission to enforcement, registered pledge over inventories |
| Pekao S.A. | Warsaw | 20,000 | - | 19,404 | - | - | - | Overdraft facility | - | 1M WIBOR + bank’s margin | power of attorney over bank account |
| ING Bank Śląski S.A. | Katowice | 23,500 | - | 21,506 | - | - | - | Overdraft facility | - | 1M WIBOR + bank’s margin | submission to enforcement |
| BRE Bank S.A. | Warsaw | 30,000 | - | 19,363 | - | - | - | Overdraft facility | - | 1M WIBOR + bank’s margin | blank promissory note |
| ING Bank Śląski S.A. | Katowice | 6,000 | - | 856 | - | - | - | Overdraft facility | - | 1M WIBOR + bank’s margin | mortgage, assignment of receivables |
| PKO BP S.A. | Warsaw | 9,000 | - | 5,083 | - | - | - | Overdraft facility | - | 1M WIBOR + bank’s margin | mortgage, assignment of receivables, promissory notes, pledge over inventories |
| National Fund for Environmental Protection and Water Management | Warsaw | 15,000 | - | 3,000 | - | 3,300 | - | Sep 30 2009 | Sep 30 2010 | 0,5 of the rediscount rate for promissory notes | surety, promissory note |
| Pekao S.A. | Kraków | 26,837 | 7,060 EUR | 2,461 | 590 EUR | 14,754 | 3,536 EUR | Oct 31 2009 |
Oct 31 2015 | 1M EURIBOR + bank’s margin | mortgage |
| Pekao S.A. | Kraków | 30,000 | - | 30,005 | - | - | - | Jun 30 2009 | - | 1M WIBOR + bank’s margin | mortgage |
| Pekao S.A. | Kraków | 44,754 | - | 32 | - | 192 | - | Oct 31 2009 | Oct 31 2015 | 1M WIBOR + bank’s margin | mortgage |
| National Fund for Environmental Protection and Water Management | Warsaw | 35,000 | - | 2,000 | - | 31,556 | - | Dec 31 2009 | Dec 20 2014 | 0,8 of the rediscount rate for promissory notes | bank guarantee, promissory note |
| ING Bank Śląski S.A. | Katowice | 2,000 | - | 1,860 | - | - | - | Overdraft facility | - | 1M WIBOR + bank’s margin | mortgage |
| Pekao S.A. | Warsaw | 56,409 | 14.800 USD | 6,770 | 2,286 USD | 7,730 | 2,610 USD | Dec 31 2009 | Feb 28 2011 | 1M LIBOR USD + bank’s margin | mortgage |
| TOTAL | 507,360 | 22,407 USD | 3,412,245 | 1,048,761 USD | |||||||
| - | 2,530 EUR | - | 3,536 EUR | ||||||||