FESCO Announces July 2016 and Seven Months Year-to-Date Trading Update

FESCO Transportation Group (MOEX: FESH) provides a trading update with the operational and consolidated financial results as per IFRS for the three month and six month periods ended June 30, 2014.

FESCO Transportation Group (MOEX: FESH) announces that on September 30, 2014 the Group has signed an agreement with Sberbank to open RUB 2.4 bln / 3 years revolving credit facility on market terms.

FESCO Transportation Group (MOEX: FESH) provides a trading update with the operational and consolidated financial results as per IFRS for three months and nine months periods ended September 30, 2014.

FESCO Transportation Group (MOEX: FESH) has signed a credit agreement to refinance the REPO loan.

Far-Eastern Shipping Company plc («Issuer») in order to optimize its debt maturity profile offers the holders of Rouble bonds series BO-02 («Rouble Bonds») to consider the possibility of amending the terms and conditions of the Rouble Bonds circulation («Amendments to the terms and conditions of the Rouble Bonds circulation»).

Far-Eastern Shipping Company plc («Issuer») in order to optimize its debt maturity profile based on results of negotiations with the holders of Rouble bonds series BO-02 («Rouble Bonds») offers to consider the revised preliminary amendments to the terms and conditions of the Rouble Bonds circulation («Amendments to the terms and conditions of the Rouble Bonds circulation»), which were initially disclosed on February 11, 2015.