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Eitzen Chemical ASA : Eitzen Chemical ASA: Final agreements with lenders



   Eitzen Chemical ASA : Eitzen Chemical ASA: Final agreements with lenders

Reference is made to the stock exchange notices from Eitzen Chemical ASA
("Eitzen Chemical" or "the Company") dated 22 November 2012 and 7 December
2012 regarding the financial restructuring of the Company.
 
Eitzen Chemical is pleased to announce that the Company has entered into new
loan agreements with its syndicate banks and the trustee of the bond loan. The
agreements conclude the financial restructuring of Eitzen Chemical, only
subject to certain technical conditions precedents. The Company expects that
these conditions precedents will be satisfied during January 2013. 

For further information, please contact:

Per Sylvester Jensen
President and CEO
Phone: +45 3038 1153

Andreas Reklev
Chief Financial Officer
Phone: +47 9320 8886

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Eitzen Chemical ASA via Thomson Reuters ONE
HUG#1668356
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