Market announcement
Investment Friends SE
LEI code
259400FB2RUKJ5MP7B90
Size of the entity
Micro undertaking
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
8090
Submission date and time
16.06.2020 18:26:38
Content of announcement in English
Title
Conclusion of an Annex to the Loan agreement
Message
The Management Board of Inevstment Friends SE headquartered in Tallinn, with regard to the concluded Loan agreement of 09/06/2020 informs that on 16/06/2020 the Issuer concluded an Annex to the loan agreement of 09/06/2020 with Damar Patro UÜ, registry code: 14494537, Harju maakond, Tallinn, Kesklinna linnaosa, Tornimäe tn 5, 10145. Under provisions of the Annex of 16/06/2020 the amount of the loan was increased by EUR 220 000,00 (two hundred twenty thousand euro). Additional amount of the loan was paid to the bank account of Damar Patro UÜ at the date of the annex signing, i.e. 16/06/2020. Considering the concluded annex of 16/06/2020 the total amount of the loan paid out to Damar Patro UÜ is EUR 1 720 000,00 (one million seven hundred twenty thousand euro). Established interest rate for the loan is 2,5% per year. Interest shall be paid along with repayment of the loan amount. Repayment of the loan was secured by the Borrower by issuance of a blank promissory note and a promissory note declaration for the Issuer. The agreement has no reservations concerning any condition or deadline. The Issuer is entitled to demand repayment of the total amount of the loan immediately in case of unstable financial situation of the Borrower.