Drawdown of 2nd tranche of EUR15m loan facility
Updated : 07:00
19 July 2021
DOLPHIN CAPITAL INVESTORS LIMITED
("Dolphin" or the "Company")
Drawdown of the second tranche
of the €15 million loan facility
As announced with the Company's annual results for the year ended on 7 June 2021, Dolphin entered into a loan facility of up to €15 million with two institutional private credit providers. The first tranche of €1.75 million was drawn down on 4 June 2021 and the second tranche of €13.25 million was drawn down on 16 July 2021.
An amount of €1.5 million has been already repaid through the proceeds generated from the sale of the Company's interests in the LaVanta project.
The total outstanding loan facility amounts to €13.5 million.
For further information, please contact:
Dolphin Capital Partners Miltos E Kambourides |
miltos@dolphincp.com |
Panmure Gordon (Broker) Dominic Morley |
+44 (0) 20 7886 2500 |
Grant Thornton UK LLP (Nominated Adviser) Philip Secrett |
+44 (0) 20 7383 5100 |
Instinctif (PR Communications Adviser) Rosie Driscoll / Tim McCall |
+44 (0) 20 7457 2020 |
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