Market News


SSIF BRK FINANCIAL GROUP SA - BRK

Conclusion of a credit agreement with TechVentures Bank

Release Date: 4/8/2021 3:55:58 PM

IRIS Code: 0CAF3

No.1512/08.04.2021

 

 

 

To:         

Financial Supervisory Authority

Financial Instruments and Investments Sector

 

Bucharest Stock Exchange

 

 

CURRENT REPORT

 In compliance with the provisions of Law no. 24/2017 on issuers of financial instruments and market operations

and Regulation no. 5/2018 on issuers of financial instruments and market operations

 

Date of the report: April 8th, 2021

Name of issuer: SSIF BRK Financial Group SA,

Headquarters: Cluj-Napoca, 119 Motilor Street, Cluj County,

Telephone/fax no: 0364-401.709/0364-401.710,

Tax Identification Code: 6738423,

Trade Register no/date: J12/3038/1994,

Subscribed and paid share capital: RON 54,039,987.04

Regulated market where issued securities are traded: Bucharest Stock Exchange, - Premium Tier, market symbol: BRK

Important events to be reported: Conclusion of a credit agreement with TechVentures Bank
 

 

BRK Financial Group informs investors about the request for partial early repayment of the loan granted through the credit agreement with Libra Internet Bank for the reduction of the credit line from 3,498,894 lei to 723,080 lei. As a result of the early repayment of the amount of 2,774,814 lei, the pledge was canceled on the building from 119 Motilor street, Cluj-Napoca.

Also, on 08.04.2021 a credit agreement was signed with TechVentures Bank for granting a credit line in the amount of 4,500,000 lei, the loan guarantee being made with real estate and movable mortgage.

 

 

Monica Ivan

General Manager

 

 

 

 

 

 

 

 

 

No crt.

Parts of the legal act

Closing date and no. act

The nature of the legal act

Description of the contract

Value

Guarantees

Loan repayment term

1.

 

Libra Internet Bank SA – as a lender

 

SSIF BRK Financial Group SA-

- as a borrower

 

1260/ 30.03.2021

 

08.04.2021-lifting the right of real estate mortgage on the building from str. 119 Motilor street, Cluj-Napoca

Request for partial early repayment of the loan (repayment of the amount of 2,774,814 lei in order to reduce the loan from 3,498,894 lei to 723,080 lei)

 

Interest rate =

ROBOR 3M + 4%

 

723,080 lei

 

-real estate mortgage

-guarantee consisting of rents

- mortgage on the house current account

 

Loan repayment term =14.12.2021

 

 

2.

TechVentures Bank SA – as a lender

 

SSIF BRK Financial Group SA-

- as a borrower

1491,1492,1493, 1494 / 08.04.2021

Credit agreement - line of credit for financing the needs of the current activity

Interest rate =

ROBOR 3M + 3,95%

4.500.000 lei

-real estate mortgage (on the building from 119 Motilor Street, Cluj-Napoca)

-mortgage on the house current account

Loan repayment term =07.04.2021

 

 

 

 

 



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