Tallink Grupp uses proceeds from the sale of Superfast VII and Superfast VIII for early repayment of loans

By Finance

Tallink Grupp uses proceeds from the sale of Superfast VII and Superfast VIII for early repayment of loans

Tallink Grupp uses proceeds from the sale of Superfast VII and Superfast VIII for early repayment of loans
Caption: Passenger/Ro-Ro Cargo Ship Stena Superfast VIII - Image courtesy of Tom Duncan

Loan taken to finance the purchase of vessel Baltic Princess in 2008 was prepaid today. Loan taken to finance the purchase of vessel Isabelle in 2013 will be prepaid next week.

The total amount of loans prepaid in December 2017 will be EUR 59.6 million.

Related news: AS Tallink Grupp completes the sale of the Superfast vessels

Source: Tallink Grupp