6th Sep 2013 07:00
Trading Emissions plc
(the "Company")
Return of Letter of Credit for Umbrella Carbon Facility Tranche 1 (UCF T1)
The Letter of Credit held by the International Bank for Reconstruction and Development ("World Bank"), acting as Trustee for the UCF T1, was returned to the Company on 4th September 2013. This action releases approximately €4.8m from funds held as security under the original Letter of Credit issued by the Company. The Company no longer has any outstanding obligations to UCF T1 and no further outstanding engagements with the World Bank.
Enquiries:
IOMA Fund and Investment Management Limited (Philip Scales) | +44 (0)1624 681 250 |
Liberum Capital Limited (Steve Pearce / Tom Fyson) | +44 (0)20 3100 2222 |
Related Shares:
Trading Emissions PLC