{"id":5800,"date":"2017-04-24T13:31:58","date_gmt":"2017-04-24T11:31:58","guid":{"rendered":"http:\/\/pmr-restrukturyzacje.local\/pmr\/fiten-zawarcie-porozumienia-z-bankami-finansujacymi-spolke\/"},"modified":"2025-01-27T16:10:49","modified_gmt":"2025-01-27T16:10:49","slug":"fiten-conclusion-of-an-agreement-with-banks-financing-the-company","status":"publish","type":"post","link":"https:\/\/pmr-restrukturyzacje.pl\/en\/fiten-conclusion-of-an-agreement-with-banks-financing-the-company\/","title":{"rendered":"FITEN: Conclusion of an agreement with the Company's financing banks"},"content":{"rendered":"

PMR Restrukturyzacje S.A., acting as administrator of FITEN S.A. under restructuring, on 11 April 2017 concluded a tripartite agreement with the company's financing banks, i.e. ING Bank \u015al\u0105ski and mBank, pursuant to which both banks will provide the company with revolving credits of PLN 3 million and PLN 500 thousand under market conditions.<\/p>\n

Credit agreements require the consent of the relevant court, but the agreement can already be called a success. According to the Company's Management Board, the signing of the agreement and contracts credit is a key event for the success of the restructuring process<\/a>, and the provision of new financing by banks demonstrates the confidence of financial institutions in the restructuring activities.<\/p>\n

Current report no. 5\/2017<\/b><\/p>\n

Legal Basis:<\/b>
\nArticle 17(1) MAR - confidential information.<\/p>\n

In reference to the information regarding the opening restructuring proceedings against<\/a> FITEN SA in restructuring (hereinafter referred to as the Issuer, Company, FITEN) as part of the process of initiating the restructuring of the Issuer under the Restructuring Law (current report 08\/2016 of August 10, 2016), the Management Board of the Company hereby announces that today, i.e. on April 11, 2017, the person authorized to act by PMR Restructuring manager<\/a> SA, concluded a tripartite agreement (hereinafter referred to as the Agreement) with the banks financing the Company, i.e. the bank ING Bank \u015al\u0105ski<\/a> SA with its registered office in Katowice and mBank SA with its registered office in Warsaw (hereinafter referred to as the Banks) and signed two credit agreements: (i) a credit agreement with mBank SA for a revolving credit in the amount of PLN 3,000,000 for the period ending on 29.06.2018 and (ii) a credit agreement with ING Bank \u015al\u0105ski SA for a working capital credit in PLN in the form of a revolving line in the amount of PLN 500,000 for the period ending on 29.06.2018. The credit agreements were concluded on terms that do not differ from market terms for this type of agreements. In accordance with the provisions of the restructuring law, the entry into force of the provisions of the concluded credit agreements is conditional on obtaining the consent of the judge-commissioner, which FITEN intends to apply for immediately.<\/p>\n

The subject of the Agreement is to define the principles of cooperation between the Company and the Banks, including the establishment of basic conditions for granting financing to the Company and establishing security for the Banks, with a view to enabling the Company to conduct its operational activity during the Restructuring Proceedings and the planned satisfaction of the Company's claims. Banks Receivables Company<\/a> under the arrangement. The Parties to the Agreement will strive to maintain the current financing of the Company at a level not lower than approx. 70% of the level of financing on the opening day Sanation proceedings<\/a>.<\/p>\n

In the opinion of the Company's Management Board, the signing of the Agreement and the contracts credit is a key event for the success of the restructuring process<\/a>. The provision of new financing by Banks cooperating with FITEN, in the Company's opinion, demonstrates the trust of financial institutions and will enable the development of the Issuer's operations.<\/p>\n

The material appeared on biznes.interia.pl:
\n<\/b>
\n11 April 2017:
\n\" Concluding an agreement with the Company's financing banks<\/a><\/div>","protected":false},"excerpt":{"rendered":"

PMR Restrukturyzacje S.A. dzia\u0142aj\u0105c jako zarz\u0105dca FITEN S.A. w restrukturyzacji zawar\u0142 11 kwietnia 2017 tr\u00f3jstronne porozumienie z bankami finansuj\u0105cymi sp\u00f3\u0142k\u0119 tj. ING Bank \u015al\u0105ski ora mBank na mocy kt\u00f3rego oba banki udziel\u0105 sp\u00f3\u0142ce kredyt\u00f3w odnawialnych o warto\u015bciach 3 mln z\u0142otych oraz 500 tys. z\u0142otych na warunkach rynkowych. Umowy kredytowe wymagaj\u0105 zgody odpowiedniego s\u0105du, ale porozumienie ju\u017c teraz mo\u017cna nazwa\u0107 sukcesem. Zdaniem Zarz\u0105du Sp\u00f3\u0142ki podpisanie porozumienia oraz um\u00f3w kredytowych jest zdarzeniem kluczowym dla powodzenia procesu restrukturyzacji, a udzielenie nowego finansowania przez banki \u015bwiadczy o zaufaniu instytucji finansowych do dzia\u0142a\u0144 restrukturyzacyjnych. Raport bie\u017c\u0105cy nr 5\/2017 Podstawa Prawna: Art. 17 ust. 1 MAR – informacje poufne. W nawi\u0105zaniu do informacji dotycz\u0105cych otwarcia post\u0119powania sanacyjnego wobec FITEN S.A. w restrukturyzacji (dalej: Emitent, Sp\u00f3\u0142ka, FITEN) w ramach procesu wszcz\u0119cia restrukturyzacji Emitenta na podstawie ustawy Prawo restrukturyzacyjne (raport bie\u017c\u0105cy 08\/2016 z dnia 10 sierpnia 2016 r.) Zarz\u0105d Sp\u00f3\u0142ki informuje, \u017ce w dniu dzisiejszym tj. 11 kwietnia 2017 r., uprawniony do dzia\u0142ania przez zarz\u0105dc\u0119 PMR Restrukturyzacje S.A., zawar\u0142 tr\u00f3jstronne porozumienie (dalej: Porozumienie) z bankami finansuj\u0105cymi Sp\u00f3\u0142k\u0119 tj. bankiem ING Bank \u015al\u0105ski S.A. z siedzib\u0105 w Katowicach oraz mBank S.A. z siedzib\u0105 w Warszawie (dalej Banki) oraz podpisa\u0142 dwie umowy kredytowe: (i) umow\u0119 kredytu z mBank S.A. o kredyt odnawialny na kwot\u0119 3.000.000 PLN na okres do 29.06.2018 roku oraz (ii) umow\u0119 kredytu z ING Bank \u015al\u0105ski S.A. o kredyt z\u0142otowy obrotowy w formie linii odnawialnej na kwot\u0119 500.000 PLN okres do 29.06.2018 roku. Umowy kredytowe zawarte zosta\u0142y na warunkach nie odbiegaj\u0105cych od warunk\u00f3w rynkowych dla tego typu um\u00f3w. Zgodnie z przepisami prawa restrukturyzacyjnego, wej\u015bcie w \u017cycie postanowie\u0144 zawartych um\u00f3w kredytowych warunkowane jest uzyskaniem zgody s\u0119dziego-komisarza, o kt\u00f3rej uzyskanie FITEN zamierza niezw\u0142ocznie wyst\u0105pi\u0107. Przedmiotem Porozumienia jest okre\u015blenie zasad wsp\u00f3\u0142pracy pomi\u0119dzy Sp\u00f3\u0142k\u0105 a Bankami, w tym ustalenie podstawowych warunk\u00f3w udzielenia Sp\u00f3\u0142ce finansowania i ustanowienia zabezpiecze\u0144 na rzecz Bank\u00f3w, maj\u0105c na wzgl\u0119dzie umo\u017cliwienie prowadzenia dzia\u0142alno\u015bci operacyjnej Sp\u00f3\u0142ce w trakcie trwania Post\u0119powania Sanacyjnego oraz planowane zaspokojenie przez Sp\u00f3\u0142k\u0119 wierzytelno\u015bci Bank\u00f3w w ramach uk\u0142adu. Strony Porozumienia b\u0119d\u0105 d\u0105\u017cy\u0107 do utrzymania bie\u017c\u0105cego finansowania Sp\u00f3\u0142ki na poziomie nie ni\u017cszym ni\u017c ok. 70% poziomu finansowania z dnia otwarcia Post\u0119powania Sanacyjnego. Zdaniem Zarz\u0105du Sp\u00f3\u0142ki podpisanie Porozumienia oraz um\u00f3w kredytowych jest zdarzeniem kluczowym dla powodzenia procesu restrukturyzacji. Udzielenie nowego finansowania przez Banki wsp\u00f3\u0142pracuj\u0105ce z FITEN, w opinii Sp\u00f3\u0142ki, \u015bwiadczy o zaufaniu instytucji finansowych oraz pozwoli na rozw\u00f3j dzia\u0142alno\u015bci Emitenta. Materia\u0142 ukaza\u0142 si\u0119 w serwisie biznes.interia.pl: dnia 11 kwietnia 2017: \u00bb Zawarcie porozumienia z bankami finansuj\u0105cymi Sp\u00f3\u0142k\u0119<\/p>","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[],"ppma_author":[30],"class_list":["post-5800","post","type-post","status-publish","format-standard","hentry","category-blog"],"authors":[{"term_id":30,"user_id":12,"is_guest":0,"slug":"teampmr-restructuring-pl","display_name":"Zesp\u00f3\u0142 PMR","avatar_url":{"url":"https:\/\/pmr-restrukturyzacje.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png","url2x":"https:\/\/pmr-restrukturyzacje.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/pmr-restrukturyzacje.pl\/en\/wp-json\/wp\/v2\/posts\/5800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pmr-restrukturyzacje.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pmr-restrukturyzacje.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pmr-restrukturyzacje.pl\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/pmr-restrukturyzacje.pl\/en\/wp-json\/wp\/v2\/comments?post=5800"}],"version-history":[{"count":0,"href":"https:\/\/pmr-restrukturyzacje.pl\/en\/wp-json\/wp\/v2\/posts\/5800\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmr-restrukturyzacje.pl\/en\/wp-json\/wp\/v2\/media?parent=5800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmr-restrukturyzacje.pl\/en\/wp-json\/wp\/v2\/categories?post=5800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmr-restrukturyzacje.pl\/en\/wp-json\/wp\/v2\/tags?post=5800"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmr-restrukturyzacje.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=5800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}