Concordia Maritime has secured a refinancing package for its fleet of P-MAX tankers after signing deals with new and existing banks.
The $189m bundle refinances a loan on the tankers that had been set to mature in June next year.
Kim Ullman, chief executive of Concordia, said: “It’s a terrific deal and we are very happy with it.”
The refinancing is split across two fresh loans, Concordia announced today.
