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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Dp Aircraft I Limited | LSE:DPA | London | Ordinary Share | GG00BBP6HP33 | ORD PREF NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.065 | 0.06 | 0.07 | 0.065 | 0.065 | 0.065 | 268 | 08:00:17 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Air Transport, Nonscheduled | 8.72M | -2.51M | -0.0105 | -5.71 | 14.36M |
From May 2022 to May 2024
TIDMDPA
RNS Number : 6204S
DP Aircraft I Limited
10 March 2023
Replacement Announcement to that released on 28 February 2023
DP Aircraft I Limited ("the Company")
Company Update: Further Details on the Second Restatement to the Loan Agreement
As announced on 8 February 2023, in a Second Amendment and Restatement to the Loan Agreement for both aircraft loans, the Company and its lending banks had agreed to new terms subject to fixing the interest rates.
Interest rates for Tranche 1 and Tranche 2 for both aircraft loans have now been fixed until loan maturity in 2026, as follows:
o For DP Aircraft III the Tranche 1 amortising loan interest rate is 6.61% and the Tranche 2 fixed balloon interest rate is 5.26%
o For DP Aircraft IV the Tranche 1 amortising loan interest rate is 6.89% and the Tranche 2 fixed balloon interest rate is 5.42%
Based on the new terms, the aggregated final balloon payment in 2026 is forecast to amount to approximately USD 69.5m, assuming THAI Airways International continue to make rental payments on time for the duration of the loan.
For further information, please contact:
Aztec Financial Services (Guernsey) Limited +44(0) 1481 748833
Sarah Felmingham / Chris Copperwaite
Investec Bank plc +44(0) 20 7597 4000
David Yovichic/Denis Flanagan
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END
UPDKZGMFZGLGFZM
(END) Dow Jones Newswires
March 10, 2023 08:02 ET (13:02 GMT)
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