Even een aanvulling: het gaat alleen om een lening van 33 miljoen waarvan er in december 2014 28 miljoen betaald moet worden en de rest in december 2015
In January 2014, GTC RE signed a financing agreement with Discount bank for providing a loan in the amount of €33 million. The loan bears an interest of 6 months Libor + 5.5% per annum. Most of the loan, in the amount of €28 million, will mature in December 2014, and
the rest will mature in December 2015.
In addition, the agreement states that if in any period, the financial statements of the Company includes a “Going Concern” paragraph, than GTC RE shall be required to present to the bank, within 7 business days of the date of publication of the statements that include such a paragraph, a plan to the Bank's satisfaction, establishing on a high level of probability that it is able to repay the First Payment in time. If such a plan is not presented to the Bank's full satisfaction this shall be considered as if the GTC RE failed to comply with its foregoing
undertaking.