Awilco Drilling Plc: Short-term Financing
04 Maio 2022 - 5:20PM
UK Regulatory
TIDMAWDR
Awilco Drilling PLC announces that it has signed a short-term
shareholder loan with Awilhelmsen Offshore AS and QVT Family Office
Fund LP. The loan is for a total of up to USD 4 million, structured
as a draw-down facility, with interest rate of 10 percent per annum
on the aggregated outstanding principal amount. In addition, there
is an arrangement fee of 2 percent on the total amount. Maturity
date for the loan is 1 July 2022. The loan shall be used for
general working capital purposes.
Aberdeen, 4 May 2022
For further information please contact:
Eric Jacobs, Interim CEO
Phone: +44 1224 737900
Cathrine Haavind, Investor Relations
Phone: +47 93 42 84 64
Email: ch@awilcodrilling.com
https://www.globenewswire.com/Tracker?data=KwakV61pbr9ROLohzTI_dEjm5jrlCMcORRX3PxTPTrjsC1QE15fNB1NDU3zROdKDRI0OnROuxifHhChIbr7f184MNgvchGb0ZHjQz4YseI0=
This information is subject of the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading
Act.
(END) Dow Jones Newswires
May 04, 2022 16:20 ET (20:20 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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