Polish Energy Partners S.A. (‘PEP’) hereby informs that on 30th October 2012 PEP and its subsidiary concluded a factoring agreement under which PEP sold at a discount its receivables from Alfa Sp. z o.o. to PEP’s subsidiary. The acquisition price amounted to PLN 92.6 million.
The transaction described above was made within PEP Capital Group – without the participation of third parties – under PEP’s program of increasing the efficiency of cash flows within the Capital Group.
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