60/2012: Termination of credit agreement by financing bank
The Management Board of PBG S.A. hereby reports that on June 14th 2012 it received from Bank Millennium S.A. of Warsaw a notice of termination of Bank Guarantee Facility Agreement No. 1436/10/GW/04 of July 21st 2010, executed by the Bank with PBG S.A and Hydrobudowa Polska S.A.
The Bank terminated the agreement against a seven days’ notice on the grounds of PBG’s threatened insolvency.
Legal basis:
Art. 56.1.1 of the Public Offering Act – inside information
Pliki:
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