Brief: Belships ASA Says Acquisition Of Two Modern Vessels

Belships ASA

28/06/2022 20:10

June 28 (Reuters) - Belships ASA  BELCO.OL :
    * REG-BELSHIPS ASA: ACQUISITION OF TWO MODERN VESSELS
    * BELSHIPS WILL PAY A TOTAL OF USD 15.5M AS DOWNPAYMENT UPON
DELIVERY OF VESSELS
    * DELIVERY OF VESSELS IS EXPECTED WITHIN JULY 2022
    * INTENTION OF DECLARING PURCHASE OPTIONS FOR BOTH VESSELS
DURING
NEXT FEW MONTHS
    * EXPECT ACQUISITIONS WILL CONTRIBUTE TO OUR EARNINGS
CAPACITY AND
ABILITY TO PAY DIVIDENDS
    * INTENTION TO RE-FINANCE VESSELS UNDER AVAILABLE BANK
FINANCING
WHICH IS EXPECTED TO COVER AMOUNTS FOR PURCHASE OPTIONS

Source text for Eikon:  ID:nGNE8z7zwT 
Further company coverage:  BELCO.OL 

 ((Reuters.Brief@thomsonreuters.com;))