Kofola S.A. – 114 mln PLN syndicated loan for the subsidiary in Poland

Deadline of repayment of the timely loan was set for March 22, 2014 and overdraft loan for March 22, 2012.

Agreements that we’ve made will replace all current credit contracts of Hoop Polska. Thus we’ve secured financing of Hoop Polska for the next few years. – said Jannis Samaras, President of Kofola S.A. – What’s more, the fact that the consortium already knows Hoop Polska will accelerate our credit path in the future if we need to finance new development projects in the company.

Kofola published financial results for 2009 on March 19, 2010. The Group has reached 1.5 bln PLN consolidated sales revenue (compared to 1.1 bln PLN in 2008) and 72.6 mln PLN of consolidated net profit (compared to 11.4 mln PLN in 2008).