Gener8 lands billion dollar loans for Korean newbuildings
Tanker carrier Gener8 Maritime has secured two new credit facilities for its VLCC newbuildings currently under construction in Korea. One credit facility totals upwards of USD 963.7 million and will be used for the newbuildings, while the other facility, from Nordea Bank Finland, is worth USD 581 million and will be spent on refinancing the current fleet, informs the carrier.
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Gener8 Maritime in slight Q2 disappointment
For subscribers
Miserable Wall Street IPO for new tanker company
For subscribers
Tanker giant Gener8's IPO looks like a disappointment
For subscribers