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Company Update - Thai Airways

7th May 2021 15:00

RNS Number : 9689X
DP Aircraft I Limited
07 May 2021
 

7 May 2021

DP Aircraft I Limited (the "Company")

Company Update - Thai Airways

Further to its announcement of 2 March, the Company is now able to provide an update on its revised agreement reached with the lending banks (the "Thai Lenders") providing loan finance in respect of the Thai Assets.

Loan Arrangements

The Company and the Thai Lenders have completed documentation and conditions to amend and restate the existing loan facility agreements in respect of the Thai Assets, to accommodate the new lease arrangements with Thai. Documentation for the latter is ongoing.

For further information, please contact:

Aztec Financial Services (Guernsey) Limited +44(0) 1481 748863

Sarah Felmingham / Chris Copperwaite

 

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