“Approves the decrease of the Loan Facility ceiling provided under the Loan Facility Agreement no. 201812070225, by RON130 million, that is from RON630 million to RON500 million,” as per the shareholders’ decision presented in the report.
Romgaz has a market value of RON19.2 billion after its shares have gained 32% so far in 2023.
“Approves the extension by 1 year of the Loan Facility Agreement no. 201812070225 concluded with Banca Comercială Română SA for issuing guarantee instruments in the form of letters of bank guarantee and irrevocable stand-by letters of credit up to a limit of RON500 million,” the report shows.