Höegh LNG secures financing

Höegh LNG secures financing from three of the company's banks. The funds will be used to refinance a bond loan.

Photo: PR/Höegh LNG

Höegh LNG Holdings, the company behind Höegh LNG, secures a revolving credit facility from three of the shipping company's banks. The loan will be used to refinance a bond loan expiring in June, informs Höegh LNG in a notice to the Oslo Stock Exchange, where the company is listed.

The credit comes with an interest rate of 5.2 percent, and Höegh LNG Partners provides collateral for up to USD 80 million.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

OECD downgrades growth forecast for global economy

The global economy is still growing, though it's losing momentum, according to the latest growth estimate of the OECD's Economic Outlook. Bottlenecks in the shipping sector and elsewhere as well as pressure on supply chains have contributed to rising inflation.

Norden reshuffles management and dials up growth ambitions

Norden establishes a new business structure and a new senior management team. This will entail increased growth in the carrier's tanker pool and investments in port logistics for an annual USD 20-40 million, CEO Jan Rindbo tells ShippingWatch.

Further reading

Related articles

Latest news

See all jobs