Capital Product Partners formally entered a $460m refinancing deal for its long-term debt.
The Jerry Kalogiratos-led shipowner said back in May it had a preliminary offer from its existing lenders HSH Nordbank and ING Bank to refinance four outstanding credit facilities.
Those credit facilities amounted to $580m in long-term debt as of last June, with margins above Libor ranging between 3% and 3.5%.
