|19-09-2012 - Insider information|
| Company: Varna-Plod AD-Varna (4V5)
On the grounds of a framework agreement concluded by and between Varna-Plod AD and Elprom AD on extending temporary financial aid to the amount of up to BGN 10,500,000, and a request submitted on the part of Elprom AD, Varna-Plod AD has granted a loan to the amount of BGN 77,100, having the following material parameters:
- Contractual interest rate: fixed on annual basis to the amount of 8%;
- The borrower shall submit a promissory note for the benefit of the lender for 120% of the loan's amount;
- The loan's amount shall be obtained in one-time instalment and shall be repaid by the deadline December 31, 2012 along with the interest accrued for the time period it has been utilised for.
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