Current report no 12 / 2013

Current report no 12 / 2013 - 26 February 2013 / 00:00

Signing an addendum to the bank guarantee limit agreement with Bank Zachodni WBK SA

The Management Board of Budimex SA reports that on 26 February 2013 the company received from Bank Zachodni WBK SA (previously Kredyt Bank SA, of which Bank Zachodni WBK SA is the legal successor) a signed addendum to the bank guarantee limit agreement of 02.03.2012. Budimex S.A. reported the conclusion of this agreement in Current Report no. 13/2012 of 12.03.2012.
Pursuant to the addendum, the company may, until 31 March 2013, request that the Bank issue bank guarantees of up to the total amount of PLN 116,000,000.00 (in words: one hundred and sixteen million Polish zloty).
Other provisions of the agreement remain unchanged.
The agreement value exceeds 10% of the equity of Budimex SA.