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Financial News

Apr 2018 Financial News

Trinidad Cement Limited - Notice to Shareholders on Extension of Loan Agreement

Apr 30, 2018

By a Notice to Shareholders published in October 2017, Trinidad Cement Limited (‘TCL’/’Company’) advised that the original term of its loan agreement dated April 26, 2017 among the Company, the Banks, and First Citizens Bank Limited as the Agent (‘Loan Agreement’), which was for a period for six (6) months was extended for a further period of six (6) months until April 26, 2018.

Further to the said Notice, TCL hereby informs that the Loan Agreement has been extended by an additional period of three (3) months until 25, 2018. As of the date hereof, all other terms and conditions of the Loan Agreement (as amended), remain in full force and effect.

TCL further informs that the three (3) months extension was made pursuant to an amendment to the Loan Agreement, which became effective on April 25, 2018.


Source:
The Trinidad and Tobago Stock Exchange Limited
Monday April 30th 2018