Mermaid Maritime takes US$8 million loan; pandemic, oil price drop expected to hit customer demand, Companies & Markets

Mermaid Maritime takes US$8 million loan; pandemic, oil price drop expected to hit customer demand, Companies & Markets

MAINBOARD-LISTED offshore services provider Mermaid Maritime’s wholly owned Thai subsidiary has inked a deal to borrow US$8 million from the Export-Import Bank of Thailand. But a default event will occur if controlling shareholder Thoresen Thai Agencies’ shareholding falls below 33 per… Click here for the full story.

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MAINBOARD-LISTED offshore services provider Mermaid Maritime’s wholly owned Thai subsidiary has inked a deal to borrow US$8 million from the Export-Import Bank of Thailand.

But a default event will occur if controlling shareholder Thoresen Thai Agencies’ shareholding falls below 33 per…





Click here for the full story.

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