Persons entitled
- Midland Bank PLC
- National Westminster Bank PLC
Amount secured
Us $60,000,000 and all other moneys due or to become due from the company to midland bank PLC in its capacity as agent (as defined in the deed) and/or midland bank PLC and national westminster bank PLC pursuant to a multicurrency secured term loan and revolving credit facility agreement dated 17TH march 1989 and for securing all moneys due or to become due under or pursuant to a guarantee and indemnity dated 17/3/89.
Short particulars
All the companys interest in the M.V. "merchant premier" (ex "yinka folawiyo") registered under the bahamas flag with official no 376153.