Poland-Wyszków: Credit granting services

1. Amount of credit: PLN 14605502,42
2. Grace period for repayment of capital:from the date of entry into operation until 30.1.2019
3. The loan period covers the years 2018-2024, including the grace period, and the capital repayment period is 2019-2024.
4. Payment of interest on the drawn loan instalment on a monthly basis starting from the month in which the first tranche of the loan was drawn down.
5. Repayment of principal in 28 monthly instalments (to be paid by the last day of each month in the period 31.1.2019 – 31.12.2024) according to the annexed repayment schedule.
6. Loan collateral (exclusively) in the form of a blank promissory note.
7. A commission of up to 0.25 % of the amount of credit called (i.e. transferred to the account of the contracting authority). The commission on the amount of the loan drawn up will be charged at the end of each of the months in which the loan is drawn up. The contracting authority shall pay the commission within 14 days of receipt of the calculation.
8. Estimated starting point of credit:8/10/2018 Final start-up of credit by 20/12/2018
9. The following provisions will be included in the contract:
The contracting authority is able to use credit in tranches,
The contracting authority has the option of renouncing the tranche in question;
The contracting authority has the possibility to renounce the specified (unused) amount of credit by 20.12.2018 at no extra cost.
The contracting authority is able to repay the credit early without additional charges;
The commission is charged on the amount disbursed (i.e. transferred to the account of the contracting authority) of the loan.
The Bank undertakes not to charge or charge any fees and commissions relating to the subject-matter of the contract other than the commission and interest on the loan,
General principles for determining the price of the tender:
The tender must include the final, total price, including the total cost of taking out the loan consisting of: commission and interest.
(1) Price.
The credit commission shall not exceed 0.25 % of the amount of the drawn-up loan. For the purpose of calculating the price, the maximum amount of credit is taken.
(2) Interest.
The interest on the loan will be variable and will consist of WIBOR 3M and the bank’s fixed margin over the loan period. Interest will be payable on a monthly basis.
The price will be calculated on the basis of n/in the formula:
Gross price = 14605502,42 x p% + 8 116 241 x (1.7 % + pp. %) X 6.22
Explanation of the values used for the formula:
PLN 14.606.502 – maximum amount of credit;
— p % – rate of commission for granting the loan (max 0.25 %)
PLN 8.116.241 – average loan capital
— 1.7 % – WIBOR 3M of 8.8.2018 adopted for comparability of calculations
— ODS % – fixed interest margin over the loan period
— 6.22 – loan term in years (accepted for price calculation).
The price calculated is the estimated value used for comparing offers. The actual cost of the loan will depend on the development of WIBOR 3M on the assumption that the bank’s margin is constant over the loan period. Text automatically translated in your browsing language Automatically translated

66113000 - Credit granting services