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28 March 2017 The on-line newspaper devoted to the world of transports 13:54 GMT+2

December 24, 2008

Forth Ports forced to renegotiate Ocean Terminal financing

Tim Sharp - City Editor, The Herald

FORTH Ports has been forced to renegotiate its financing for Ocean Terminal in Edinburgh after its plunging value threatened its agreement with lenders.
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 ......
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