Credit granting services | Tenderlake

Credit granting services

Contract Value:
PLN 29M - 29M
Notice Type:
Contract award notice
Published Date:
08 January 2024
Closing Date:
Location(s):
PL218 Nowosądecki (PL Poland/POLSKA)
Description:
Provision of a long-term credit of 73,000,000 PLN to the City of Nowy Sącz for budget deficit financing and previous obligations, with monthly repayments starting from January 2024, secured by a blank promissory note countersigned by the City Treasurer, to be disbursed in tranches in Q4 2023, with a fixed bank margin throughout the 8-year repayment period based on WIBOR 1M rate, and monthly interest calculated based on WIBOR 1M plus a fixed margin, with the client committing to repay interest without prior notice, and the possibility of early repayment with a 7-day notice period.
Awarded to:
Udzielenie kredytu długoterminowego dla Miasta Nowego Sącza
Bank Gospodarstwa Krajowego, Warszawa (PL)
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The Buyer:
Miasto Nowy Sącz
CPV Code(s):
66113000 - Credit granting services