org), is an indirect wholly-owned subsidiary of The Royal Bank of Scotland plc
The loan is to be used to prepay a USD195m revolving credit facility that the company has with the Royal Bank of Scotland Plc
NYSE: PRGN)("Paragon Shipping" or the "Company"), announced today that it has signed agreements with four of its lenders, subject to certain conditions, and agreed to amended terms in the following loan agreements: the loan agreement with Unicredit Bank AG dated November 19, 2007, the loan agreement with The Bank of Scotland Plc
dated December 4, 2007, the loan agreement with Bank of Ireland dated March 30, 2009, and the loan agreement with HSBC Bank Plc dated July 2, 2010.
RBSG's principal subsidiary, The Royal Bank of Scotland plc
, Edinburgh, Scotland, operates a branch in New York, New York.
Barclays Bank PLC, Deutsche Bank AG, London Branch, The Royal Bank of Scotland plc
, Lloyds TSB Bank plc and UBS Limited are the book-running managers.
The Royal Bank of Scotland plc
acted as Documentation and Facility Agent.
Royal Bank of Scotland Plc
(RBS) (LSE: RBS) (NYSE: RBS-PP) has said that it has appointed Rohit Sawhney as head of global transaction services for Asia Pacific, with immediate effect.
Credit Agricole Corporate and Investment Bank, National Bank of Abu Dhabi PJSC - Kuwait Branch, National Bank of Kuwait, Natixis, Samba Financial Group, The Royal Bank of Scotland plc
and Union National Bank PJSC acted as Arrangers of the Facility.
acts as the Administrative Agent and is joined on the lead bank level by: Barclays Bank PLC, Royal Bank of Canada, The Royal Bank of Scotland plc
, SunTrust Bank, Union Bank N.
Barclays Bank PLC, Deutsche Bank AG, London Branch and The Royal Bank of Scotland plc
are the book-running managers.
Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, The Royal Bank of Scotland plc
and Samsung Securities Co.
The agency accepted an enforceable undertaking (EU) from The Royal Bank of Scotland Plc
and The Royal Bank of Scotland NV for potential misconduct involving the Australian Bank Bill Swap Rate (BBSW).