New York-listed GasLog has aneye on further second hand buys after a September swoop for the 153,600-cbm STX Frontier (built 2010), chief executivePaul Wogan says.
“We paid around $160m forship, and in short order, were able to secure $100m financing package as aresult of the strong relationships we have with our lending banks,” Wogan saidduring a conference call. “The strength of our underlying business allied withthese close banking relationships allowed us to move quickly to secure thepurchase at what we believe was a very competitive price.”
Wogan
