Impact will use the money to fund its current activity.
The contract will run for three years and will mature on Dec. 20, 2027.
“Impact Developer & Contractor SA guarantees the fulfilment of the obligations undertaken by the credit agreement by concluding the guarantees specific to this type of financing”, the report reads.
Impact, with a market capitalization of RON454 million, is 58%-owned by Gheorghe Iaciu and 10.2% by Adrian Andrici. IMP shares have traded down 27% so far in 2024, amid a traded volume of RON27.6 million, in line with stock market data.