Orco Property Group – Agreement to Acquire Loan Receivables and Collateral of the
Zlota Project
Orco Property Group S.A. ("OPG") announces that on 17 April 2014 it has concluded an
agreement with Bank Polska Kasa Opieki S.A. (“PEKAO”) for the acquisition of loan
receivables and collateral related to the Zlota project in Warsaw. The acquisition of the loan
receivables from PEKAO is funded by a bridge loan, until OPG disposes of some of its liquid
assets as previously announced.
Under the terms of the agreement, subject to fulfilment of certain conditions, OPG will purchase
all pecuniary receivables of PEKAO from Orco Property sp. z o.o., holding company of the
Zlota project, together with all PEKAO’s collateral and security under the facility agreement
and related documentation.