Persons entitled
- Midland Bank PLC
- National Westminster Bank PLC
Amount secured
Us$60,000,000 and all other monies due or to become due from the company to the chargees pursuant to a multicurrency secured term loan and revolving credit facilty agreement dated 17/3/89 and for securing all moneys due or to become due under or parsuant to a guarantee and indeminity dated 17/3/89.
Short particulars
All the rights title and interest in and to all the benefit of:- a) the earnings of the "merchant premier" b) the insurances of the ship (please see doc for details).