Capital/Financing Update • Apr 11, 2022
Capital/Financing Update
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Financing of the company
Reference is made to the stock exchange release sent 28. March regarding the company’s financing.
EU implemented on Friday 8. April the sanctions against Russian individuals and companies. GTLK is owner of the leasing companies in Hong Kong and Irland that are financing Havila Kystruten is among the sanctioned companies.
Havila Kystruten assumes that the sanctions prevent GTLK from carrying out the financing of the company’s ships. The company has considered what has now happened as a possible outcome and has therefore for some time worked on alternative financing of the coastal route ships.
The company is in specific discussions on finding a solution for the delivery of Havila Castor from the Tersan shipyard as soon as possible, and at the same time finding a solution for the two other ships.
The company will return with more information as soon as the situation is more clarified.
Contacts:
CEO Bent Martini, +47 905 99 650
CFO Arne Johan Dale, +47 909 87 706
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