• BIST 88.059
  • Altın 341,604
  • Dolar 6,5864
  • Euro 7,2685
  • İstanbul 9 °C
  • Ankara 5 °C

Last payouts made at defunct Rickmers Maritime Trust

Last payouts made at defunct Rickmers Maritime Trust
Rickmers MAritime Trust has been wound up with the last payments made to unsecured creditors, leaving many investors out of pocket.

Payments, representing a recovery of about 12.1% to all unsecured creditors of the trust, have been made. Three will be no further distributions or payments, cash or otherwise, to the unsecured creditors of the trust, including the holders of the S$100m 8.45% notes due this year.

The notes will also be delisted from the Singapore Exchange Securities Trading from tomorrow.

Navios swooped to take the trust's 14 boxships for $113m in the wake of its bankruptcy.

Singapore's shipping trust schemes - launhed in the middle of the last decade to much fanfare - now lie in tatters, with First Ship Lease the last one standing.

This news is a total 560 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |