Brief: Aspo: AtoB@C Shipping Signs EUR 32.2 Million Loan Agreement

Aspo Oyj

15/09/2022 07:06

Sept 15 (Reuters) - Aspo Plc  ASPO.HE :
    * ATOB@C SHIPPING HAS SIGNED EUR 32.2 MILLION LOAN AGREEMENT
WITH
SVENSKA SKEPPSHYPOTEK IN RELATION TO ELECTRIC HYBRID VESSEL
INVESTMENT
    * ATOB@C SHIPPING, A SUBSIDIARY OF ESL SHIPPING, HAS SIGNED
EUR
32.2 MILLION LOAN AGREEMENT WITH SVENSKA SKEPPSHYPOTEK
    * MATURITY OF LOAN IS 15 YEARS
    * LOAN IS A PART OF FINANCING OF ESL SHIPPING'S INVESTMENT
IN A
SERIES OF SIX NEW, HIGHLY ENERGY-EFFICIENT ELECTRIC HYBRID 5,350
DWT VESSELS, A PROJECT FIRST ANNOUNCED IN SEPTEMBER 2021
    * NEW VESSELS WILL BE BUILT AT CHOWGULE AND COMPANY PRIVATE
LIMITED SHIPYARD IN INDIA
    * FIRST VESSEL WILL ENTER SERVICE STARTING FROM Q3 OF 2023.

Source text for Eikon:  ID:nGNE8N7HMp 
Further company coverage:  ASPO.HE 

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