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Al Seer Marine Supplies Offloads Equity Investments to Prepay AED600 Million Loan

MT Newswires·09/10/2026 01:11:39
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01:11 AM EDT, 09/10/2026 (MT Newswires) -- Al Seer Marine Supplies and Equipment Co. (ADX:ASM) divested some of its listed equity investments through separate on-market deals at prevailing market prices, according to a Thursday release. The marine equipment supplier used the proceeds to prepay a 600 million-Emirati-dirham tranche under its existing term loan facility.