Long-Term Loan Services for Stary Zamość Municipality

The contract involves providing a long-term loan of 5,200,000 PLN to finance a budget deficit. Key details include: 1. Loan amount: 5,200,000 PLN (five million two hundred thousand). 2. The loan must be utilized by December 31, 2025. 3. The repayment period is from the contract signing date until December 31, 2035, with a grace period for capital repayment until December 31, 2025. 4. The borrower can use less than the full loan amount and has the right to repay early without additional costs. 5. The loan will be activated within a maximum of 2 business days after the buyer's instruction. 6. Payments will be made to a bank account chosen for managing the municipality's budget, following the buyer's written instructions. 7. Capital repayment will occur in 40 quarterly installments, with specific amounts scheduled from 2026 to 2035. 8. Interest will be paid monthly on the actual amount drawn, calculated based on the actual number of days the loan is used. 9. The interest rate will be based on the WIBOR 3M rate plus the contractor's margin. 10. The buyer reserves the right to repay the loan early and to change repayment amounts without incurring additional fees. 11. The only cost of the loan is the interest; no other fees will be charged. 12. All transactions will be conducted in Polish currency (PLN). 13. The loan will be secured by a blank promissory note. 14. Financial documents related to the municipality's situation are available on the public information bulletin website.