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GLOBE TRADE CENTRE S.A. - Bonds issue under the Bond Funding for Growth Program

Release Date: 03/12/2020 16:22
Code(s): GTC     PDF:  
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Bonds issue under the Bond Funding for Growth Program

GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE: GTC ISIN: PLGTC0000037)
(“GTC” or “the Company”)



Current report number: 32/2020

Date: 3 December 2020

Subject: Bonds issue under the Bond Funding for Growth Program

The Management Board of Globe Trade Centre S.A. (“the Company”, “GTC S.A.”), hereby reports that
on 3 December 2020, the Company’s subsidiary, GTC Real Estate Development Hungary Zrt., issued
792 pieces of senior unsecured bonds, with the nominal value of HUF 50 million each and the total value
of HUF 39.6 billion (“Bonds”). The Bonds will be fully guaranteed by GTC S.A.

The tenor of the Bonds is 10 years and the final maturity date was set for 7 December 2030. The Bonds
will be amortized 10% per annum starting from year 7th.

The Bonds will be Green Bonds and proceeds from the bonds will be used to finance and refinance
acquisition, construction or refurbishment of buildings which meet recognised green building standards,
such as BREEAM (Very good and above) and LEED (Gold and above) in line with Group’s Green Bonds
Framework.

The Bonds (ISIN code: HU0000360102GTC) will be admitted for trading on the XBond market operated
by the Budapest Stock Exchange.

Legal basis: Article 17 (1) of Regulation (EC) No 596/2014 of the European Parliament and of the
Council on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European
Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC
– confidential information.


Signed by:


/s/ Yovav Carmi                           /s/ Ariel Alejandro Ferstman
President of the Management Board         Member of the Management Board


Warsaw, Poland
Sponsor: Investec Bank Limited

Date: 03-12-2020 04:22:00
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