Latest news from Heavy Lift & Project Forwarding International Magazine

Dockwise to commence debt buyback programme

June 8 - Dockwise intends to utilise up to USD50 million to buy back a portion of its syndicated debt in a reverse Dutch auction to be conducted by the Royal Bank of Scotland.

Dockwise is inviting holders of the USD816.5 million floating rate first lien debt to submit offers to sell all or part of their debt at a discount, for cash, to Dockwise.

The invitation will be open until 14.00 CET on 15 June 2009, unless extended or terminated and is expected to settle on 29 June 2009. 

Full terms and conditions of the invitation, including certain jurisdictional restrictions, will be provided to the lenders.

Heavy Lift | News

Cory moves to Ipswich office thumbnail image

Cory moves to Ipswich office

October 18 - UK-headquartered Cory Brothers has relocated its office in Felixstowe to Ipswich town centre.
Views: 423
ALE executes pit move thumbnail image

ALE executes pit move

October 18 - ALE has lifted and transported a sulphur storage facility for the Lindsey Oil Refinery in the UK.
Views: 382
Bichowski joins AMT thumbnail image

Bichowski joins AMT

October 18 - Switzerland-headquartered logistics and supply chain specialist AMT has appointed Frank Bichowski as its chief commercial and operations officer.
Views: 501

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