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PHLY — Philly Shipyard ASA News Story

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Brief: Aker Philadelphia Shipyard finalizes $60 mln welcome fund loan

March 17 (Reuters) - Aker Philadelphia Shipyard ASA 
 AKPS.OL : 
    * Aker Philadelphia Shipyard finalizes $60 million welcome 
fund loan 
    * Aker Philadelphia Shipyard, Inc. executed definitive 
documentation with PIDC Regional Center, LP XXXI for a secured 
term loan of up to $60 million 
    * Loan has a five-year term and a fixed interest rate of 
2.75 pct through maturity 
 
     
Source text for Eikon:  ID:nHUG2Lk9PF  
Further company coverage:  AKPS.OL  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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