Friday, December 11, 2009

Berlian Tanker revise the offer

PT Berlian Laju Tanker,said it will revise its offer to buy Camillo Eitzen & Co. after completing its due diligence. The company plans to offer the equivalent of 23.5 kroner a share for Camillo Eitzen in the first quarter of 2010, according to a statement to the Singapore stock exchange.
Berlian Tanker will immediately realize the company plan to add 20 vessel units upon having US$400 million bank loan syndication commitment as from the totally required US$500 million. Some banks involved in the syndication includes Fortis Bank and Bank Mandiri. The vessel delivery will be done up to 2012.

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