In agreement with the bondholders, the Management Board of YOLO S.A. intends to extend the maturity of bonds G1 with a value of 2 million zlotych, issued in March 2018.
Changing the terms of the issue will concern:
Extension of Bonds maturity by 24 months, i.e. to 9th March 2022 and, consequently, amendment of Bonds’ interest table by introduction of additional interest periods until the maturity date of G1 series Bonds;
Setting the margin at 4.30 percentage points per annum effective from ninth interest period.
The bondholders have agreed to sign the agreements in the above form, and the Company will inform about the formal change in the terms of the issue.