Brief: Havila Sihipping Agrees To Sell Ship
05/09/2022 07:22
Sept 5 (Reuters) - Havila Shipping ASA HAVI.OL :
* HAVILA SIHIPPING HAS, ACCORDING TO INSTRUCTIONS FROM
LENDERS
FINANCING HAVILA PHOENIX, ENTERED INTO AGREEMENT TO SELL SHIP
BASED ON PRINCIPLES LAID DOWN IN CURRENT RESTRUCTURING AGREEMENT
* SALE TRANSACTION ITSELF IS EXPECTED TO HAVE LIMITED IMPACT
ON
INCOME AND LIQUIDITY POSITION
* HAVILA SHIPPING WILL CONTINUE AS MANAGER FOR SHIP
* SALE WILL TAKE PLACE WHEN EXISTING CONTRACT FOR SHIP IS
COMPLETED, EXPECTED TO TAKE PLACE AT END OF Q4 2022
Source text for Eikon: ID:nGNE2CzCdP
Further company coverage: HAVI.OL
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