Dec 9 (Reuters) - Rickmers Trust Management Pte. Ltd.
* Has entered into a deed of consent with Commerzbank AG, Singapore Branch
* Trustee-Manager has entered into a memorandum of agreement for sale of “India Rickmers” vessel securing CMB facility
* Deed in relation to a settlement of senior loan facilities extended by CMB to a subsidiary of trust
* CMB has agreed to waive repayment of a material portion of remaining debt owed under CMB facility following partial prepayment
* “sale is not expected to lead to material loss in q4 of 2016”
* Net proceeds from sale will be applied towards partial prepayment of cmb facility Source text for Eikon: Further company coverage: