SMS KREDYT HOLDING SA (43/2017) Signing a framework agreement with the Investment Fund managed by EQUES Investment TFI S.A.

The Management Board of SMS Kredyt Holding SA ("Issuer") informs that on November 27, 2017, a subsidiary of the Issuer, ie SMS Kredyt Sp. z o.o. (SMS Loan) concluded a framework cooperation agreement ("Agreement") with EQUES DEBITUM 2 Non-standardized Securitization Closed Investment Fund ("Fund"). The subject of the framework agreement is permanent cooperation in the area of ​​selling receivables by SMS Kredyt Sp. z o.o. for the Fund. Pursuant to the Agreement, the Fund undertook to purchase receivables from SMS Kredyt in accordance with the principles set out in the Agreement, whereas SMS Kred became obliged to sell debts arising from granted cash loans to the Fund. The parties have agreed that the SMS loan receivables will be purchased by the Fund on the basis of separate securitization agreements for receivables covered by a given list of claims. The contract was concluded in order to obtain additional financing for the current activity of SMS Kredyt and it will last for a specified period until March 31, 2018. The remaining provisions of the Agreement do not differ from the provisions commonly used for this type of contracts.

Source: company website, investor relations, current and periodic reports.

Company information
Company name:SMS Kredyt Holding SA
Adress: ul. Św. Mikołaja 8-11 50-125 Wrocław
Phone:+48 71 3418099

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