In the agreement signed, Sferia expressed interest in acquiring eight-year zero-coupon bonds at an issue price not exceeding PLN 200 million. In accordance with the framework agreement, by the end of 2013 NFI Midas will make an offer or a number of offers to Sferia for acquiring bonds, and Sferia will accept such offer or offers if they are in compliance with the conditions of the agreement.
Both companies also undertook to conclude a supply agreement in accordance with which the Midas Group will supply Sferia with a telecommunications network. The framework agreement also stipulates that if Sferia obtains a right to manage frequencies which make it possible to provide internet access services in LTE technology, it will conclude an agreement with the Midas Group under which it will resell network capacity to the Group under a wholesale model. The Midas Group will have the right to further resell those services.