Brief: Viking Line: State Guarantees Approved By Finnish Government

Viking Line Abp

15/10/2020 12:20

Oct 15 (Reuters) - Viking Line Abp  VIK1V.HE :
    * VIKING LINE: STATE GUARANTEES APPROVED
    * IN ADDITION TO FINNISH STATE GUARANTEES, COMMERCIAL BANKS
ARE
GUARANTEEING 4.3 MILLION EUROS
    * FINNISH GOVERNMENT TODAY APPROVED STATE OF FINLAND'S
GUARANTEES
ON VIKING LINE'S LIQUIDITY LOANS UP TO 38.7 MILLION EUROS
    * PLANS TO DRAW DOWN SOME OF LOANS DURING LAST QUARTER OF
2020 AND
SOME OF LOANS DURING 2021
    * NOT TO PAY DIVIDENDS UNTIL OBLIGATIONS IN CONNECTION WITH
GUARANTEES AND LOANS HAVE BEEN DISCHARGED IN FULL

Source text for Eikon:  ID:nWkr9ZZkwb 
Further company coverage:  VIK1V.HE 

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