Brief: Pledge on Socar's shares in Petkim removed after loan repayment

Petkim Petrokimya Holding

22/09/2015 07:55

Sept. 22 (Reuters) - Petkim Petrokimya Holding  PETKM.IS : 
    * Controlling shareholder SOCAR Turkey Enerji A.S (STEAS) 
has informed that the pledge established in favor of the lenders 
on the shares of STEAS representing 2.35 pct of Petkim's share 
capital and on the shares of its subsidiary SOCAR Turkey 
Petrokimya A.S. (STPAS) representing 51 pct of Petkim's share 
capital has been released since the loan used in connection with 
the acquisition of 51 pct shares of Petkim has been paid 
 
     
  
     
 Source text: http://bit.ly/1PmJl1D 
     
 Further company coverage:  PETKM.IS   
    
 
 
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