Minutes from a General shareholders meeting 07.07.2022 12:33:27 (local time)

Company: Holding Varna AD-Varna (5V2C)
The General Meeting of Bondholders of Holding Varna AD (5V2C) dated 05 July 2022 has passed the following resolutions:
- Adoption of amendments to the repayment schedule of the bond loan:
1. Extension of the term of the bond loan until 12 December 2027, maturity date
2. Rescheduling the repayment of the outstanding principal of EUR 3,000,000 to six (6) equal instalments of EUR 500,000 each for 12 December 2022, 2023, 2024, 2025, 2026 and 2027
3. Change of the interest rate from fixed 5.4% to 12m EURIBOR+3.6% but not less than 2.7% p.a.
4. Deletion of the existing mortgages and establishment of first mortgage of landed properties detailed in the GMB record of proceedings
The Record of Proceedings taken at the company's GMB is available on the website of the Exchange.

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Holding Varna AD published this content on 07 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 July 2022 13:03:08 UTC.