Nasdaq-listed Star sealed a deal with a “major Europeanlending bank” for a seven-year facility that will cover 60% of the cost of the 61,500-dwtStar Challenger (built 2012) and Star Fighter (built 2013), it said today in astatement.
That would equate to a shade under $35m of the $58.1m Star Bulk paid for the Imabari-built pair in November.
Drawdown of the loan is expected to take place by February,the company said as it announced the delivery of the Star Fighter(ex: Supra Challenger II).
The
