In three weeks, on May 5th, J. Lauritzen will repay around USD 55.5 million, the remainder of a bond loan that originally totaled USD 86.3 million and which the carrier has been preparing to pay since 2013 through moves including the divestment of its product tanker fleet.
And the carrier does not plan to issue new bonds in 2015, CFO and Executive Vice President Birgit Aagaard-Svendsen tells ShippingWatch.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.