Navigator Holdings looking at alternative refinancing due to Covid-19

The coronavirus outbreak might hold up Navigator Holdings' efforts at refinancing.

The New York-listed LPG carrier owner said in its fourth-quarter earnings release that it wanted to refinance its $100m bond due next year with another bond, but is now considering other methods.

"Due to the current disruption in the capital markets, the Company is considering alternatives in the event the effects of Covid-19 last longer than the anticipated timescale of up to six months," it said.