Budimex.pl

Current report no 8 / 2017

Date: February 16, 2017 5:59 PM

Signature of an annex to the Agreement on bank guarantees with Bank BGŻ BNP Paribas SA

The Management Board of Budimex SA hereby announces that on 16 February 2017, it was informed about the signing by Bank BGŻ BNP Paribas SA of an annex to the Guarantee Line Agreement dated 25 April 2008. Budimex announced the conclusion of that agreement in Current Report No 20/2008 of 28 April 2008.  Pursuant to the annex, the bank extended the term by which Budimex may request that the Bank issue bank guarantees until 15 May 2017. Other provisions of the Agreement remain unchanged.   Under the Agreement, the Bank granted Budimex a limit for guarantees in the amount of PLN 205,000,000. As collateral securing the liabilities under the agreement, Budimex will submit to the Bank the statement on voluntary submission to enforcement pursuant to Article 777 of the Code of Civil Procedure.  

 

The value of the agreement exceeds the threshold of PLN 102,680 thousand.    

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Shareholdership structure as on 20.05.2021

GPWKNFRespect IndexSEGWIG Budownictwo