Long-Term Loan for Budget Deficit Coverage in Osielsko

The contract involves providing a long-term loan to partially cover the budget deficit of the Osielsko municipality for the year 2025 and to repay previously incurred loan obligations. Key details include: 1) Loan amount: 33,930,000 PLN (thirty-three million nine hundred thirty thousand zlotys). 2) The loan will be available to the buyer within 7 days of signing the contract. 3) The loan will be disbursed upon written request from the buyer in a maximum of three installments, based on the buyer's instructions, by December 19, 2025. For pricing purposes, it is assumed that the loan will be disbursed in one amount on December 19, 2025. 4) The buyer commits to start repaying the loan from February 2, 2026, and to complete repayment by December 31, 2031. 5) Interest payments will begin in the month the loan is disbursed. 6) The buyer will repay the principal and interest according to the schedule specified in the loan agreement. Interest will be paid monthly on the last day of each month. 7) The loan will have a variable interest rate based on the 3-month WIBOR rate, adjusted quarterly. 8) The commission for the loan will be a one-time fee calculated based on the percentage rate offered in the tender, not exceeding 0.07% of the loan value. 9) The buyer does not allow other fees, such as for early repayment or unused loan portions. 10) The buyer reserves the right to cancel part of the loan based on their needs, with a maximum reduction of 60% of the planned loan amount. 11) All financial transactions will be conducted in Polish zlotys. 12) The cost of the loan at the time of bidding will include the commission and interest calculated monthly. 13) If a repayment date falls on a non-working day, the payment will be made on the next working day. 14) The bank will not charge interest or penalties for early repayment. 15) The loan will be secured by a blank promissory note issued by the Osielsko municipality. 16) Financial documents for assessing creditworthiness are available on the municipality's website.