Brief: Hoegh Autoliners Shipping Sells Vessel Höegh Bangkok, Buys Höegh Jacksonville

Hoegh Autoliners ASA

30/10/2023 06:46

Oct 30 (Reuters) - Hoegh Autoliners ASA  HAUTO.OL :
    * SALE OF HÖEGH BANGKOK AND PURCHASE OF HÖEGH JACKSONVILLE
    * THROUGH ITS SUBSIDIARY HÖEGH AUTOLINERS SHIPPING AS, HAS
REACHED
AN AGREEMENT FOR SALE OF OWNED VESSEL HÖEGH BANGKOK (IMO
9318474) FOR A PRICE OF USD 63,000,000
    * VESSEL WILL BE DELIVERED TO NEW OWNER BY YEAR-END 2023
    * COMPANY, THROUGH ITS SUBSIDIARY HÖEGH AUTOLINERS SHIPPING
AS,
HAS ALSO DECLARED AN OPTION TO PURCHASE VESSEL HÖEGH
JACKSONVILLE FROM OCEAN YIELD FOR A PURCHASE PRICE OF USD
43,220,000
    * TRANSACTION WILL BE COMPLETED BY APRIL 2024, AND COMPANY
INTENDS
TO FINANCE PURCHASE PRICE FULLY BY MORTGAGE DEBT THROUGH ITS
FLEET CREDIT FACILITY

Source text for Eikon:  ID:nObiZCqmba 
Further company coverage:  HAUTO.OL 

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