{"id":26382,"date":"2025-06-19T18:11:13","date_gmt":"2025-06-19T15:11:13","guid":{"rendered":"https:\/\/investors.bittnet.ro\/?p=26382"},"modified":"2025-06-19T16:12:40","modified_gmt":"2025-06-19T13:12:40","slug":"signing-of-a-loan-agreement-with-procredit-bank-dendrio-solutions","status":"publish","type":"post","link":"https:\/\/investors.bittnet.ro\/en\/signing-of-a-loan-agreement-with-procredit-bank-dendrio-solutions\/","title":{"rendered":"Signing of a loan agreement with ProCredit Bank &#8211; Dendrio Solutions"},"content":{"rendered":"<p><strong>BITTNET SYSTEMS S.A.<\/strong> (referred to as the \u201cCompany\u201d \/ \u201cIssuer\u201d \/ \u201cGroup\u201d) informs the investors about the signing of a credit contract between ProCredit Bank and Dendrio Solutions SRL (part of the Digital Infrastructure pillar of Bittnet group).<\/p>\n<p>The credit agreement is for a ceiling\/credit line product \u2013 in a maximum amount of 1 million euro for financing the working capital and current activity of the borrower. The maturity is 36 months and the interest is composed of EURIBOR6M+3.15% per annum, for the actual balance used from the ceiling.<\/p>\n<p>The withdrawals from the ceiling will ensure the pre-financing component \u2013 where applicable \u2013 for the current and future IT&amp;C integration projects of Dendrio Solutions, thus strengthening the group\u2019s bank financing structure.<\/p>\n<p>The group&#8217;s management chose to contract this ceiling in EUR given the lower cost for bank lending products in the European currency, versus those in national currency(RON), due to developments in monetary policy reference interest rates.<\/p>\n<p><a href=\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2025\/06\/CR48-current-report-engl-2025-Contractarea-unui-produs-bancar.pdf\">CR48\/19.06.2025<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BITTNET SYSTEMS S.A. (referred to as the \u201cCompany\u201d \/ \u201cIssuer\u201d \/ \u201cGroup\u201d) informs the investors about the signing of a credit contract between ProCredit Bank and Dendrio Solutions SRL (part of the Digital Infrastructure pillar of Bittnet group). The credit agreement is for a ceiling\/credit line product \u2013 in a maximum amount of 1 million&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[389],"tags":[],"class_list":["post-26382","post","type-post","status-publish","format-standard","hentry","category-current-reports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Signing of a loan agreement with ProCredit Bank - Dendrio Solutions - Bittnet Investors Relations Site<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investors.bittnet.ro\/en\/signing-of-a-loan-agreement-with-procredit-bank-dendrio-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Signing of a loan agreement with ProCredit Bank - Dendrio Solutions - Bittnet Investors Relations Site\" \/>\n<meta property=\"og:description\" content=\"BITTNET SYSTEMS S.A. (referred to as the \u201cCompany\u201d \/ \u201cIssuer\u201d \/ \u201cGroup\u201d) informs the investors about the signing of a credit contract between ProCredit Bank and Dendrio Solutions SRL (part of the Digital Infrastructure pillar of Bittnet group). 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