Navios Maritime Acquisition is set to refinance debt on four products tankers with a leaseback deal in what would mark a new play for the Greek group.
New York-listed Navios Acquisition says talks over the transaction, which would repay debt due in late 2018 and early 2019, are at an advanced stage
It explains the facility under discussion will have a term of six years and be repaid over 12 years.
