Du är här

2016-02-16

Belships ASA : Sale and leaseback for M/S Belisland

Belships ASA is pleased to announce that the company has entered into a sale and lease back agreement with a Japanese counterpart for M/S Belisland.
M/S Belisland, 61 000 dwt Ultramax bulk carrier, is currently under construction at Imabari Shipbuilding in Japan and will be delivered around 15 March 2016. The ship will at time of delivery be sold and leased back for a period of 15 years with purchase options from year 5 onwards. The transaction is considered as a financial lease and will not have any material impact on the financial figures. Compared to alternative loan financing offer published in earlier reports, the transaction will improve Belships cash balance with about USD 6 - 8 million, depending on market value at time of delivery.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Belships ASA via Globenewswire

HUG#1986402

Författare WKR

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.