BRIEF-Grindrod Shipping Says Unit Enters New Loan Agreement

Reuters03-11

March 11 (Reuters) - Grindrod Shipping Holdings Ltd

:

* JSE: GSH - GRINDROD SHIPPING HOLDINGS LTD. ANNOUNCES NEW LOAN AGREEMENT

* GRINDROD SHIPPING HOLDINGS LTD - UNIT ENTERED US$83.0 MILLION REDUCING REVOLVING CREDIT FACILITY

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