Brief: SDSD Secures Bank Financing Of The VLCC "Gustavia S"

SD Standard Etc

18/06/2020 07:44

June 18 (Reuters) - SD Standard Drilling PLC  SDSD.OL :
    * SDSD: SECURED BANK FINANCING OF THE VLCC "GUSTAVIA S"
    * SHIP OWNING COMPANY (JV) OF VLCC "GUSTAVIA S" AND WHERE
SDSD HAS
A 33.3% OWNERSHIP, HAS SECURED FINANCING OF UP TO USD 60 MILLION
    * BY SECURING CREDIT FACILITY STANDARD DRILLING PLC IS
EXPECTED TO
INCREASE ITS CASH HOLDING SUBSTANTIALLY

Source text for Eikon:  ID:nObiJb7g4a 
Further company coverage:  SDSD.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))