Brief: Viking Line: City Of Turku Redeems Terminal In Turku

Viking Line Abp

31/08/2021 10:20

Aug 31 (Reuters) - Viking Line Abp  VIK1V.HE :
    * VIKING LINE: CITY OF TURKU REDEEMS THE TERMINAL IN TURKU
    * REDEMPTION ENTAILS AN ACCOUNTING PROFIT OF EUR 13.5 M FOR
VIKING
LINE ABP AND STRENGTHENS COMPANY'S LIQUIDITY WITH EUR 7.9 M
    * UNDER ORIGINAL LEASE AGREEMENT, BUILDINGS WERE TO BE
REDEEMED ON
DECEMBER 31, 2025
    * VIKING LINE ABP HAS ALSO ENTERED INTO A 10-YEAR TRAFFIC
AGREEMENT WITH PORT OF TURKU ON MARKET TERMS

Source text for Eikon:  ID:nWkr8V664g 
Further company coverage:  VIK1V.HE 

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