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Euronav Releases Half Year Results

The executive committee of Euronav NV today reported its preliminary and unaudited financial results for the six months ended 30th June 2013. More Financial Reports:CMB Releases First Half Results The company had a net result of USD -41.4 million (first semester 2012: USD -20 million) or USD -0.83 per share (first semester 2012: USD -0.40), […]

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Euronav Signs Extension USD 300Million Facility

Euronav Signs Extension USD 300Million Facility for 4 Years The executive committee of Euronav NV today announced that it has signed an extension of 4 years on its USD 300 million senior secured credit facility originally signed in April 2009 and which at the time of the extension had an outstanding of USD 221 million. […]

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EURONAV Releases 1st Quarter Results

Euronav reported its preliminary financial results for the three months ended 31st March 2013 For the first quarter 2013, the company had a net loss of USD – 10.7 million or USD – 0.21 per share (first quarter 2012: USD -9 million and USD -0.18 per share). EBITDA for the same period was USD 43.5 […]

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Euronav Offers to Exchange Outstanding 6.5pct Convertible Bonus

Euronav NV announced today the launch of an invitation to current bondholders to exchange any and all outstanding 6.50% convertible bonds due in January 2015 for new 6.50% convertible bonds due in January 2018. Through the Exchange Offer the company wishes to extend the medium term debt repayment obligations by extending the maturity date by […]