Brief: GC Rieber Shipping Receives Amendments To Credit Facilities

GC Rieber Shipping ASA

11/06/2021 11:30

June 11 (Reuters) - GC Rieber Shipping ASA  RISH.OL :
    * GC RIEBER SHIPPING: AMENDMENTS TO CREDIT FACILITIES
    * HAS TODAY RECEIVED CERTAIN AMENDMENTS TO ITS SUBSEA &
RENEWABLES
CREDIT FACILITY PROLONGING 80% REDUCTION OF SCHEDULED
AMORTIZATION AND SUSPENDING CASH SWEEP MECHANISM UNTIL FINAL
MATURITY IN DECEMBER 2022
    * IN CONSIDERATION OF AMENDMENTS, GC RIEBER SHIPPING HAS
MADE A
LOAN PREPAYMENT OF NOK 69 MILLION
    * THIS PREPAYMENT THUS REPLACES CASH SWEEP PAYMENT SCHEDULED
FOR
JUNE 2021 OF APPROX. NOK 46 MILLION

Source text for Eikon:  ID:nWkr23X6lQ 
Further company coverage:  RISH.OL 

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