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
8092
Submission date and time
16.06.2020 18:34:36
Content of announcement in English
Title
Early repayment of a part of the loan by the Borrower
Message
The Management Board of Investment Friends SE headquartered in Tallinn, address: Harju maakond, Tallinn, Kesklinna linnaosa, Tornimäe tn 5, 10145, Estonia, entered into Estonian commercial register Ariregister under number 14617862, with regard to the Loan Agreement of June 17, 2019 informs that the Borrower Patro Invest OÜ headquartered in Harju maakond, Tallinn, Kesklinna linnaosa, Tornimäe tn 5 made an early repayment of a part of the concluded loan’s principal amounting to PLN 360 254,79 and interest due as at the payment date. The agreement was concluded for the period till 30/06/2020. Interest rate was established as 5,00% per year. Interest on the principal are paid according to the agreement together with return of the loan’s amount. Repayment of the loan was secured by the Borrower by issuance of a blank-promissory note with declaration for the Issuer. The loan agreement was concluded with no reservations concerning any condition or deadline. The Issuer has a right to demand an early repayment of the entire loan immediately in case of poor financial situation of the Borrower.