Extension of maturity credit contract – ProCredit Bank

BITTNET SYSTEMS SA (hereinafter referred to as “the Company”) informs the investors about the signing of the Contract no. 13.1101 11.02.2020 by which the banking product overdraft ceiling was transformed into a credit agreement with monthly repayments. The value of the facility is RON
2,790,000, maturity 36 months and interest ROBOR3M +2 5% per year.
The guarantee structure remained unchanged, the mortgage o n the accounts opened at ProCredit Bank and the financial guarantee granted by the European Investment Fund within the Horizon 2020 Financial Instruments program The C ompany chose to repay the loan for a period of 3 years in order to restructure the bank debt and reduce the debt rate.

Previous Post
Acționarii Bittnet Group au ales membrii consiliului de administrație
Next Post
Prelungire scadenta contract credit – ProCredit Bank
Menu