Far Eastern Shipping Company
Far Eastern Shipping Company: FESCO Transportation Group refinanced REPO loan
Far Eastern Shipping Company / Key word(s): Miscellaneous December 15, 2014 FESCO Transportation Group refinanced REPO loan FESCO Transportation Group (MOEX: FESH) has signed a credit agreement to refinance the REPO loan. The new EUR 72.9 mln loan is secured against TransContainer shares, corresponding to a 24.1% stake in TransContainer. The loan is provided for one year. The loan has no recourse to members of the restricted group as per terms and conditions of Senior Secured Notes.
15.12.2014 Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
305649 15.12.2014 |
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