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Odfjell secures new credit for USD 190.5 million

Norwegian chemical tanker carrier Odfjell has refinanced seven of the company's vessels in a move that increases the carrier's liquidity by USD 43.8 million, according to the company.

Photo: Odfjell

Odfjell SE has secured two new credit agreements worth a total USD 190.5 million for seven of the carrier's vessels.

The agreements mean that Odfjell has now completed all planned loan refinancing for 2015. The credit agreements will give Odfjell SE USD 43.8 million in extra liquidity, says the company in a statement.

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