| Emitents | Latvijas kuģniecība, AS (48510000VYR04HZGC213) |
| Veids | Būtiski notikumi |
| Valoda | EN |
| Statuss | Publicēts |
| Versija | |
| Datums | 2010-11-11 11:08:36 |
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About the loans of the JSC „Latvijas kuģniecība” Group As JCS „Latvijas kuģniecība” (LK) has already informed
before, with the aim to finance renewal of the LK fleet and
purchase of 17 new-build vessels during 2003 to 2008 the companies
of the LK Group have received two loans from a syndicate of banks –
in amount of USD 360 million and USD 75 million respectively. These
loan agreements, among other things, provide for strict execution
of the credit terms by the LK group companies, for example, amount
of profit before tax, bank account balance, etc. But in case of
default of the agreement provisions the creditor is entitled to
claim preterm repayment of the loan or to sell the pledge, i.e. the
vessels. Precise credit terms cannot be revealed as pursuant to the
loan agreements as they are to be considered as
confidential.
Additional information:
Ģirts Apsītis
Adviser of the Chairman of the Management Board
Latvian Shipping Company
Phone: +371 67020126
E-mail :
ir@lscgroup.lv
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