Skip to main content

Awilco LNG announces vessel refinancing

Published by
LNG Industry,


Awilco LNG ASA has announced that a term sheet for the refinancing of the company’s two 2013-built 156 000 m3 TFDE LNG carriers, WilForce and WilPride, has been agreed and signed with a major leasing company based in Asia.

The refinancing is structured as a sale/leaseback similar to the current financing of the vessels and enables a full take out of the sale/leaseback facilities maturing 31 December 2019 at favourable terms.

The facility is expected to close in 4Q19 subject to final credit approval, documentation and customary closing conditions.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/05082019/awilco-lng-announces-vessel-refinancing/

You might also like

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

LNG carrier news