Market announcement
AS PRFoods
LEI code
529900PFXFO2ZDCRNK93
Size of the entity
Medium group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
3763
Submission date and time
19.07.2012 16:00:00
Content of announcement in Estonian
Title
PRF: AS-i Premia Foods laenuportfelli refinantseerimine AS-i SEB Pank poolt
Message
Tallinn, Eesti, 2012-07-19 15:00 CEST (GLOBE NEWSWIRE) --
18.07.2012 sõlmisid AS Premia Foods (edaspidi Premia) ja AS SEB Pank (edaspidi
SEB) krediidi- ja tagatislepingud, mille alusel refinantseeritakse kahe
järgneva kuu jooksul laenukohustused, mille laenuandjaks on AS UniCredit Bank
Eesti filiaal, ning suurendatakse Premiale võimaldatavat krediidilimiiti.
Allkirjastatud lepingutega Premiale võimaldatav maksimaalne krediidisumma
ulatub 16 410 000 euroni.
Refinantseerimise tulemusena alaneb investeerimis- ja arvelduslaenu
intressimäär 10 baaspunkti võrra.
4 900 000 euro suuruse arvelduslaenu tähtaeg on 18.07. 2013. Investeerimislaenu
näol avatakse Premiale pikaajaline krediidilimiit maksimumsummas 10 900 000
eurot tagastamistähtajaga 18.07.2017. Laenu põhiosa tagasimaksed toimuvad
võrdsetes osades 7-aastase graafiku alusel. Premia jaoks tähendab uus
tagasimaksegraafik võrreldavatel tingimustel ligikaudu 400 000 eurost
positiivset rahavoogu aastas väiksema laenu teenindamiskoormuse näol.
Investeerimislaenust 3 900 000 eurot avaneb alates 01.12.2012, samaaegselt
väheneb arvelduslaenu limiit 1 500 000 euro võrra.
Lisaks avab SEB Premiale garantiilimiidi summas 610 000 eurot, mille alusel on
Premial kuni 01.03.2013 võimalik taotleda kuni 12-kuulise kehtivusega
garantiikirjade väljastamist SEB poolt.
Täiendav informatsioon:
Kuldar Leis
Premia Foods
juhatuse esimees
T: 6 033 800
[email protected]
www.premiafoods.eu
Content of announcement in English
Title
PRF: Refinancing of the loan portfolio of AS Premia Foods by AS SEB Pank
Message
Tallinn, Estonia, 2012-07-19 15:00 CEST (GLOBE NEWSWIRE) --
On 18.07.2012, AS Premia Foods (hereinafter Premia) and AS SEB Pank
(hereinafter SEB) executed several credit and collateral agreements. Under
these agreements, the loan portfolio of the Estonian branch of AS UniCredit
Bank acting as the borrower will be refinanced within 2 following months and
the credit limit of Premia will be increased. The maximum amount of credit
granted under the executed agreements is up to 16,410,000 euro.
As a result of the refinancing, the interest rate of the investment loan and
overdraft facility will decrease by 10 basis points.
The final repayment date of the overdraft facility in the amount of 4,900,000
euro is 18.07.2013. The investment loan will be a long-term credit limit in the
maximum amount of 10,900,000 euro with the final repayment date of 18.07.2017.
The repayment of the principal amount will be made in equal parts under 7-year
repayment schedule. For Premia, the refinanced repayment schedule results in
positive cash flow in the approximate amount of 400,000 per year arising from
the decreased repayment burden. The amount of 3,900,000 euro of the investment
loan will be available from 01.12.2012, whereas at the same time the credit
limit of the overdraft facility will decrease by 1,500,000 euro.
In addition to the above, SEB granted Premia a guarantee limit in the amount of
610,000 euro under which Premia will be from 01.03.2013 entitled to request the
issue of guarantee letters by SEB with the maximum term of 12 months.
Additional information:
Kuldar Leis
Premia Foods
Chairman of Management Board
T: 6 033 800
[email protected]
www.premiafoods.eu