Displaying items by tag: Debt Facility
Shipyard Harland and Wolff in Belfast Harbour has secured a £2m (€2.35m) asset backed term debt facility.
The facility is for a period of two years, with the main amount repayable as a lump sum payment at the end of the period.
The loan carries a coupon of 13.2pc per year, payable in equal monthly instalments.
As previously reported on Afloat last week InfraStrata is behind a gas storage project in Larne Lough.
For more click here on this financial development at the yard.