BCT clinches US$36m loan

Baltic Container Terminal (BCT) in Gdynia has concluded arrangements with Bank Austria Creditanstalt AG (BA-CA) and Bank BPH (BPH), both members of the HVB Group, for a US$36m term loan facility to be used in conjunction with the initial phases of BCTs capacity expansion programme. The loan facility will help realise capacity expansion, now underway, from a level of 350,000 to 600,000TEUs/yr.

Adam Kaliszewski, BCTs financial director and Tom Falknor, president of BCT and senior v-p, ICSTI, sign the loan facility

Baltic Container Terminal (BCT) in Gdynia has concluded arrangements with Bank Austria Creditanstalt AG (BA-CA) and Bank BPH (BPH), both members of the HVB Group, for a US$36m term loan facility to be used in conjunction with the initial phases of BCTs capacity expansion programme. The loan facility will help realise capacity expansion, now underway, from a level of 350,000 to 600,000TEUs/yr.