Quantum Terminals PLC (QTPLC) announces to holders of the 1 Tranche of the 10-year
Guaranteed and Secured Notes, the transfer of GHS9,450,000.00 from the Debt Service Accrual Account with Stanbic Bank Ghana Ltd to the Trust Account with Guaranty Trust Bank Ghana Ltd.
The transferred amount represents the interest of GHS4,450,000.00 and the second principal repayment of GHS 5,000,000.00 payable to the noteholders on the 11t h March, 2021.
This is in accordance with condition 7 of the Notes Prospectus which requires QTPLC to move funds into the Trust Account by the 10t^ Business Day before the Interest Payment Date.