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German ECA, page-2

  1. Thor2Dacore
    567 Posts.
    lightbulb Created with Sketch. 14
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    19/08/16
    15:31
    Post #: 18560006
    It's amazing how quick that process is going for ATC.

    3rd July - Positive pre-assessment from German ECA for finance

    10th August - Appointment of due diligence consultants for finance from ECA

    17th August - ECA proposed sole lender debt structure and increased loan from 60m to 70m.
    Note: finance still pending further DD and final loan approval.

    I guess signing a BOA with Mitsubishi for 100% for 10 years back in April also helps things!
    TNG Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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