Oct 2014 Financial News

PLD - Notice of Material Change

Oct 30, 2014

The Point Lisas Industrial Port Development Corporation Limited (PLIPDECO) wishes to inform the investing public that First Citizens Bank Limited will provide loan financing to PLIPDECO in the sum of Thirteen Million, One Hundred and Ninety Thousand, Four Hundred and Twenty-Eight United States of America Dollars (US$13,190,428.00) for the purpose of refinancing the existing debt portfolio of PLIPDECO plus additional financing in the Sum of One Hundred and Seventeen Million, Seven Hundred and Forty Three Thousand, Four Hundred and Thirty Trinidad and Tobago Dollars (TT$117,743,430.00) for the purchase of equipment for the Port of Point Lisas and undertaking remedial works to Port Infrastructure.

This notice is published in accordance with Section 64 of the Securities Act 2012.
 

Michael Phillip
Corporate Secretary

PLIPDECO HOUSE
Orinoco Drive
Point Lisas Industrial Estate
Couva, Trinidad, West Indies

November 5th, 2014

Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday October 30, 2014