Belships ASA: $140 million loan enables fleet expansion

Belships ASA: $140 million loan enables fleet expansion
The Belships Group (OSE: BEL) has secured a USD 140 million loan facility. The loan replaces the Group’s current senior debt of USD 105 million. The new loan will be available in two tranches. An initial tranche of USD 110 million will replace Belships existing loan and strengthen the Group’s working capital. An accordion tranche ... read more
Source: Shipping NewsPublished on 2019-03-15
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