Amendments to the Terms of the Notes Issue
SIA Coffee Address Holding informs that it intends to fully refinance the liabilities of SIA Coffee Address Holding to Luminor Banka AS and the liabilities of SIA Coffee Address Holding subsidiary Coffee Address UAB to KŪB "Pagalbos verslui fondas" by obtaining a long-term loan and an overdraft facility from AS “SEB banka”.
It is envisaged that the long-term loan and the overdraft facility of AS “SEB banka” will be secured by pledges on the assets and shares of Coffee Address Holding SIA, Coffee Address SIA, Coffee Address UAB and Coffee Address OU, as well as guarantees from Coffee Address SIA, Coffee Address UAB and Coffee Address OU.
In order to enable granting to AS “SEB banka” the required security as a result of the refinancing, SIA Coffee Address Holding in accordance with Clause 20.1 of the Terms of the Notes Issue dated 6 July 2022 has amended the definition of "Permitted Security" in the Terms of the Notes Issue. SIA Coffee Address Holding is of the opinion that the amendments made do not prejudice the interests and rights of the noteholders in any way.
The amendments to the Terms of the Notes Issue are annexed to this announcement and shall enter into force on the date of publication of this announcement.
Anda Priedīte
Group CFO
Tel. +371 28615037
E-mail: anda.priedite@coffeeaddress.com
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