The refinancing package includes a total of USD 380 mill. in syndicated loans, issuance of KRW 320 billion worth of corporate bonds for public offering and a swap transaction. It was structured in order to provide the most favourable conditions for EUKOR with regards to its current financial structure and also in consideration of its credit rating, future cash flow and financial flexibility.
Wilh. Wilhelmsen ASA owns 40 per cent of EUKOR, South Korea.
Attached please find the complete Press Release from EUKOR Car Carriers, Inc.
» Link to the complete press release from EUKOR Car Carriers Inc.