Stockomendation Regulatory News Service

RNS For Ocean Wilsons Holdings Ltd. (OCN)

Back to the Ocean Wilsons Holdings Ltd. page.

Wilson Sons Limited: Tecon Salvador

27/12/2018
RNS Number : 5466L
Ocean Wilsons Holdings Ld
27 December 2018
 

Ocean Wilsons Holdings Limited

Wilson Sons Limited: Tecon Salvador

 

Our principal operating subsidiary, Wilson Sons Limited made the following announcement to the Brazilian and Luxembourg Stock Exchanges.

Wilson Sons Limited (B3: WSON33) ("Wilson Sons" or "Company") informs that on 21 December 2018 its wholly-owned subsidiary Tecon Salvador S.A. ("Tecon Salvador") signed a R$ 263.1 million financing agreement with the Brazilian Economic and Social Development Bank ("BNDES"), to be used for civil works during the first stage of the terminal's expansion.

The financing of Tecon Salvador expansion reflects the Company's commitment to continuous improvements in productivity and operational efficiency. Tecon Salvador investment plan will promote the development of the Port of Salvador, creating jobs and reinforcing economic growth in Bahia.

Enquiries

Company Contact

Keith Middleton                                                                     +1 441 295 1309

 

Media

David Haggie

Haggie Partners LLP                                                           +44 20 7562 4444

 

Cantor Fitzgerald Europe

David Foreman, Will Goode, Rick Thompson                     +44 20 7894 7000

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCLIFLAFSLDFIT

Back to the Ocean Wilsons Holdings Ltd. page.

Daily share tips delivered straight to your pc, tablet & mobile

Join Free Today