Lamprell PLC - United Arab Emirates-based provider of oil field services - Confirms repayment of USD45 million revolving trade loan facility backed by UAE Export Credit Agency.
Facility was first signed in October 2021 to assist with working capital requirements for two new IMI jackup rigs which are under construction.
Current stock price: 9.00 pence
12-month change: down 78%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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