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
8918
Submission date and time
30.06.2021 18:55:00
Content of announcement in Estonian
Title
AS-i Tallink Grupp laenulepingute muudatused
Message
AS-i Tallink Grupp ja tema laenuandjad sõlmisid laenulepingute muudatused, mille kohaselt lükatakse edasi põhiosade tagasimakseid ning lepiti kokku finantseritingimuste täitmisest vabastused. Laenude lõpptähtajad ei muutunud. Alates 2021. aasta teisest kvartalist kuni 2022. aasta esimese kvartali lõpuni planeeritud graafikujärgsed laenude põhiosa tagasimaksed, kokku summas 82,1 miljonit eurot liidetakse iga vastava laenu viimasele maksele. Edasi lükatud maksete summa 2021. majandusaastal on 67,4 miljonit eurot. Tagasimaksegraafikute muudatus parandab oluliselt Tallinki likviidsuspositsiooni ja annab Tallinkile suurema paindlikkuse, et säilitada piisav käibekapital äri taastamiseks keerulises majanduskeskkonnas. Joonas Joost Finantsdirektor AS Tallink Grupp Sadama 5 10111 Tallinn E-mail [email protected]
Content of announcement in English
Title
Changes in AS Tallink Grupp’s loan agreements
Message
AS Tallink Grupp and its lending banks signed amendments to loan facility agreements whereby the loan principal repayments were rescheduled and waivers of selected financial covenants were agreed. The loans' final maturities remained unchanged. From the second quarter of 2021 until the end of first quarter of 2022 repayments in the total amount of EUR 82.1 million are deferred and added to the last payment of each respective loan facility. The deferrals for the 2021 financial year amount to EUR 67.4 million. The repayment rescheduling significantly improves Tallink's liquidity position and provides flexibility for Tallink to maintain sufficient working capital for the recovery in the continuously challenging economic environment. Joonas Joost Financial Director AS Tallink Grupp Sadama 5 10111 Tallinn, Estonia E-mail [email protected]