Brief: Integrated Wind Solutions Agrees To Postpone Equity Yard Instalments

Integrated Wind Solutions ASA

29/09/2023 13:10

Sept 29 (Reuters) - Integrated Wind Solutions ASA
 IWS.OL :
    * HAS THROUGH SUBSIDIARY, IWS FLEET AS, AGREED WITH SHIPYARD
CHINA
MERCHANTS INDUSTRY HOLDINGS., LTD.  TO POSTPONE EQUITY YARD
INSTALMENTS OF TOTAL EUR 36M
    * AGREED TO POSTPONE EQUITY YARD INSTALMENTS ON IWS
SEAWALKER, IWS
STARWALKER, IWS MOONWALKER, IWS SUNWALKER BY UP TO 1 YEAR
    * THEREBY STRENGTHEN COMPANY'S LIQUIDITY POSITION
    * DELIVERY SCHEDULES FOR IWS WINDWALKER, IWS SEAWALKER, AND
IWS
STARWALKER ARE UNCHANGED
    * DELIVERY SCHEDULES FOR IWS MOONWALKER AND IWS SUNWALKER
ARE
MOVED FORWARD BY ONE MONTH
    * IS IN DISCUSSIONS WITH CLIENTS FOR IWS WINDWALKER, AND
COMPANY
EXPECTS TO ENTER A CHARTER CONTRACT PRIOR TO DELIVERY OF VESSEL
    * HAS A STRONG CASH POSITION AND FAVOURABLE DEBT FINANCING
IN
PLACE FOR FIRST FOUR NEWBUILDINGS

Source text for Eikon:  ID:nObiX316za 
Further company coverage:  IWS.OL 

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