Brief: BW LPG Enters Into Agreements To Sell Two Vessels

BW LPG

30/11/2020 08:18

Nov 30 (Reuters) - BW LPG Ltd  BWLPG.OL :
    * BW LPG ENTERS INTO AGREEMENTS TO SELL TWO VESSELS
    * SALE IS EXPECTED TO GENERATE APPROXIMATELY US$36 MILLION
IN
LIQUIDITY
    * SALE AND DELIVERY OF VESSEL TO ITS NEW OWNER IS EXPECTED
TO BE
COMPLETED IN Q1 2021
    * SALE HAS NO LIQUIDITY IMPACT IN Q4 2020 AND IS EXPECTED TO
GENERATE A NET BOOK GAIN OF APPROXIMATELY US$3 MILLION

Source text for Eikon:  ID:nObil797Wa 
Further company coverage:  BWLPG.OL 

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