Wilson Sons Limited: Tecon Salvador
Ocean Wilsons Holdings Limited
Wilson Sons Limited: Tecon Salvador
Our principal operating subsidiary, Wilson Sons Limited made the following announcement to the Brazilian and Luxembourg Stock Exchanges.
Wilson Sons Limited (B3: WSON33) ("Wilson Sons" or "Company") informs that on 21 December 2018 its wholly-owned subsidiary Tecon Salvador S.A. ("Tecon Salvador") signed a R$ 263.1 million financing agreement with the Brazilian Economic and Social Development Bank ("BNDES"), to be used for civil works during the first stage of the terminal's expansion.
The financing of Tecon Salvador expansion reflects the Company's commitment to continuous improvements in productivity and operational efficiency. Tecon Salvador investment plan will promote the development of the Port of Salvador, creating jobs and reinforcing economic growth in Bahia.
Enquiries
Company Contact
Keith Middleton +1 441 295 1309
Media
David Haggie
Haggie Partners LLP +44 20 7562 4444
Cantor Fitzgerald Europe
David Foreman, Will Goode, Rick Thompson +44 20 7894 7000
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Latest directors dealings
- 12 hours ago CMC Markets
- 12 hours ago Jersey Oil and Gas
- 13 hours ago Marlowe
- 13 hours ago Wise Class A
- 13 hours ago Shell