Long-term loan

The TOMASZÓW MAZOWIECKI MUNICIPALITY in Poland from Europe region has released this tender for 1. The subject of the contract is a banking service consisting in granting the ordering party a long-term loan in accordance with the following terms: 1) Long-term loan up to PLN 45,000,000.00 (in words: forty-five million zlotys). 2) Loan purpose – to cover the planned budget deficit for 2026 and to repay previously incurred liabilities from the issuance of securities and loans. 3) The loan period is until December 31, 2040. 4) The loan will be disbursed in tranches within a maximum of 3 business days from the date of submission of the application electronically or in writing by the Ordering Party, as payment needs arise. The Ordering Party may submit the last application for the release of a loan tranche no later than 3 business days before the end of the budget year, i.e. by December 28, 2026. 5) The loan tranches will be transferred to the Ordering Party's account maintained by ING Bank Śląski SA with account number 82 1050 1461 1000 0023 6464 4274. 6) The Ordering Party reserves the right not to use the full amount of the loan. The minimum amount of the loan that the Ordering Party undertakes to use is PLN 8,000,000.00 (in words: eight million zloty). 7) The amount of funds transferred to the Ordering Party's account by December 31, 2026 will constitute the actual amount of the loan granted. 8) The Contractor is not entitled to a separate commission on the unused portion of the loan made available to the Ordering Party. 9) Interest will be charged only on the amount of the actual debt. 10) The loan interest rate will be variable, determined as the sum of the WIBOR 1M base rate and the Bank's fixed margin specified in the offer. 11) Interest will be repaid monthly, i.e., on the last business day of the month following the disbursement of the first loan tranche. 12) Repayment of principal installments will be made on a monthly basis on the last business day, starting from January 2027 to December 2040, as follows: Year Installment amount Number of installments Annual principal repayment 2027 67,037.00 12,804,444.00 2028 67,037.00 12,804,444.00 2029 67,037.00 12,804,444.00 2030 312,037.00 12 3,744,444.00 2031 312,037.00 12 3,744,444.00 2032 312,037.00 12 3,744,444.00 2033 312 037.00 12 3 744 444.00 2034 312 037.00 12 3 744 444.00 2035 312 037.00 12 3 744 444.00 2036 312 037.00 12 3 744 444.00 2037 350 000.00 12 4 200 000.00 2038 350 000.00 12 4 200 000.00 2039 350 000.00 12 4 200 000.00 2040 314 630.00 12 3 775,560.00 Total 45,000,000.00 13) The Ordering Party reserves the right to repay the principal before the end of the loan period, i.e., before the end of December 31, 2040, as well as the possibility of repaying the principal in installments and on dates other than those specified in the repayment schedule. Any change to the principal repayment schedule requires prior notification to the Contractor. The Contractor will not charge any additional fees or commissions for the above activities. 14) Any changes to the agreement will be made in the form of an annex accepted by both parties.15) The Ordering Party will not incur any additional costs related to early repayment of all or part of the loan. 16) Apart from the interest rate on the loan, the Contractor will not charge any additional fees or commissions for the awarded contract. 17) The loan, together with interest arising from the loan interest rate, will be secured by a blank promissory note issued by the Ordering Party along with a promissory note declaration during the loan repayment period. 18) During the loan repayment period, the WIBOR 1M rate will be determined for each accounting period according to the quotations two calendar days preceding the start of the given accounting period. In the absence of quotations for the WIBOR 1M rate two calendar days preceding the start of the given accounting period, the quotations from the last day preceding the start of the accounting period during which the WIBOR 1M rate was quoted will be used to calculate the interest rate. 19) In the event of permanent discontinuation of publication, liquidation, or loss of representativeness of the WIBOR 1M reference rate, this rate will be replaced by operation of law with a so-called substitute designated in generally applicable regulations. The change in the reference rate will occur without additional costs for the Ordering Party, while maintaining the Contractor's fixed margin specified in the offer and other terms of the contract. 20) The disbursement of the loan will release the Ordering Party's own funds committed to repaying liabilities under the loans and the issuance of bonds covered by the subject of the contract. The Ordering Party specifies in the tender documentation the validity period of the offer by specifying a date, setting it at January 31, 2027.20) The disbursement of the loan will release the Ordering Party's own funds committed to repaying liabilities arising from loans and the issuance of bonds covered by the subject of the contract. The Ordering Party specifies in the tender specification the validity period of the offer by specifying the date, setting it as January 31, 2027.20) The disbursement of the loan will release the Ordering Party's own funds committed to repaying liabilities arising from loans and the issuance of bonds covered by the subject of the contract. The Ordering Party specifies in the tender specification the validity period of the offer by specifying the date, setting it as January 31, 2027. with tender notice no. 673782-2026 published on 07 Oct 2026. The tender is due to expire on 03 Nov 2026. This tender is sourced from TED Europa and is eligible for suppliers interested in Credit granting services. Interested bidders can obtain further information including complete bid documents or ways to participate by registering on Tender Impulse and referencing via Tender Impulse ID 15267924.