Market announcement
AS Tallink Grupp
LEI code
529900QRMWAKKR3L9W75
Size of the entity
Large group
Economic activities
Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles, Transportation and Storage, Accommodation and Food Service Activities, Administrative and Support Service Activities
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
8055
Submission date and time
29.05.2020 17:40:00
Content of announcement in Estonian
Title
AS-i Tallink Grupp laenulepingute muudatused
Message
AS-i Tallink Grupp ja tema laenuandjate pankade poolt allkirjastatud laenulepingute muudatused jõustusid täna, muudatuste kohaselt lükatakse edasi laenude 2020. aasta põhiosa tagasimaksed kokku summas 61 miljonit eurot ja liidetakse iga vastava laenu viimasele maksele. Laenude lõpptähtajad ja intressimarginaalid ei muutunud. Samuti kiideti heaks laenude eritingimuste muudatuste taotlused. Tagasimaksegraafikute muudatus parandab oluliselt Tallinki likviidsuspositsiooni ja annab Tallinkile suurema paindlikkuse, et säilitada keerulises majanduskeskkonnas piisav käibekapital. Veiko Haavapuu Finantsdirektor AS Tallink Grupp Sadama 5 10111 Tallinn, Estonia E-mail [email protected] (mailto:[email protected])
Content of announcement in English
Title
Changes in AS Tallink Grupp’s loan agreements
Message
Amendments to loan facility agreements signed by AS Tallink Grupp and all its lending banks whereby loan principal repayments in the amount of 61mEUR for the year 2020 are deferred and added to the last payment of each respective loan facility came into force today. The loans' final maturities and interest margins remained unchanged. Request for waivers of loan covenants were also approved. The repayment rescheduling improves significantly Tallink's liquidity position and gives more flexibility for Tallink to maintain sufficient working capital in challenging economic environment. Veiko Haavapuu Financial Director AS Tallink Grupp Sadama 5 10111 Tallinn, Estonia E-mail [email protected] (https://www.globenewswire.com/Tracker?data=7cNPZVRR_uyFyhOkG_Q_eWuwpwLY1IwmkSSe Rr_lOd0Z0cUkY3O48abS- w6jRLnkJ6K22Sze4eQgB1OSAOZg4cr3sjaFdAmYuTqlFi2qWEgLo4E4YyWjNBhVf_oXQoz2g8AIq1Ltm yAgTPvnpshS5L9os_yzs4A_USyYW1V8Stj3ads3s7me_Q0JVoMPsQ8nsdgkBRLMrgMJDvZt_b8wDnE62 tsNAllNOvDPOtbUVV8UxEuUkDHcA1SB2cb5PLwHMbiLWQSWeUpyCLYHfgC0NdvEBy7xikYJa0rXlEPEp 7U=)