KSG AGRO S.A.: KSG Agro zrestrukturyzował zadłużenie w Landesbank Baden-Wuerttemberg

Spis treści:

1. RAPORT BIEŻĄCY

2. MESSAGE (ENGLISH VERSION)

3. INFORMACJE O PODMIOCIE

4. PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr

2019

Data sporządzenia:

2019-07-17

Skrócona nazwa emitenta

KSG AGRO S.A.

Temat

KSG Agro zrestrukturyzował zadłużenie w Landesbank Baden-Wuerttemberg

Podstawa prawna

Treść raportu:

KSG Agro S.A., ukraiński koncern rolno-spożywczy notowany na GPW w Warszawie,
podpisał umowę restrukturyzującą zadłużenie kredytowe w niemieckim banku
Landesbank Baden-Wuerttemberg (LBBW, Bank Krajowy Badenii-Wirtembergii).

	MESSAGE (ENGLISH VERSION)
	KSG Agro Agricultural holding restructured its credit debt with Landesbank Baden-Wuerttemberg (LBBW). In accordance with the agreement entered into by KSG Agro and Landesbank Baden-Wuerttemberg (Germany), the debt of the agricultural holding to the German bank was restructured under a loan agreement dated 10.29.2012. The agreement states that within the loan agreement 11.5 million Euros was received, while the balance of the debt is 8.3 million euros plus 1.352 million Euros interest. As a result, the agricultural holding is to pay 33% of the debt, which amounts to 3.2 million euros.The LBBW loan funds were attracted by the agricultural holding in order to purchase equipment produced by the German company Big Dutchman for a pig farm in Niva Trudova (Apostolivskyi district, Dnipropetrovsk region) owned by Rantier LLC, which is part of KSG Agro. “The German bank LBBW has become another international lender who lent a hand to our agricultural holding, allowing the debt to be repaid with a high — almost 70% discount,” commented the agreement Sergiy Kasianov, chairman of the board of directors of the agricultural holding KSG Agro. - For us, a successful restructuring means the release of working capital, which will be aimed at the development of existing and the start of new projects in the field of crop and pig production. This year, the resolution of credit debt issues will remain among our strategic priorities.”DOSSIERLandesbank Baden-Wuerttemberg (LBBW) is a German international universal bank, which is among the top 10 banks in Germany, being the largest land bank. It is controlled by the city of Stuttgart, land savings banks and the land of Baden-Württemberg. LBBW, headquartered in Stuttgart, and is Germany’s largest public lender. As of the end of 2018, the bank's assets amounted to 241 billion euros, and the number of employees exceeded 10 thousand people. The banking network includes 160 branches and service points in Germany and 17 other countries of the world, and the network of its correspondent banks reaches 2.8 thousand banks worldwide.KSG Agro is one of the leading agricultural holdings in Ukraine, a European innovative group of companies operating according to the principle of vertical integration. Shares of the holding are listed on the Warsaw Stock Exchange. KSG Agro is part of the European Business Association (EBA). The main activity of the company is tillage and crop production, as well as breeding pork. Since September 2014, KSG Agro has been implementing a new development strategy, according to which the company develops the most promising projects, primarily pig breeding, as well as crop production and the production of renewable biofuels (fuel pellets).

INFORMACJE O PODMIOCIE >>>

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ
Data	Imię i Nazwisko	Stanowisko/Funkcja	Podpis
2019-07-17	Andriy Skorokhod	SEO KSG AGRO S.A.

Źródło: GPW - komunikaty spółek (ESPI)

Rekomendacje	Wyniki finansowe
Władze i zatrudnienie	Akcjonariat
Komunikaty spółki	Wiadomości

KSG Agro zrestrukturyzował zadłużenie w Landesbank Baden-Wuerttemberg

INFORMACJE O PODMIOCIE >>>

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