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December 24, 2008
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- Forth Ports forced to renegotiate Ocean Terminal financing
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- Tim Sharp - City Editor, The Herald
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- FORTH Ports has been forced to renegotiate its financing for
Ocean Terminal in Edinburgh after its plunging value threatened its
agreement with lenders.
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It sought a new deal from banker HBOS to avoid breaching terms
governing the maximum loan-to-value ratio for the centre, which is
at the heart of a £700m redevelopment scheme for Leith Docks
......
Read more on The Herald
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