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FSL Trust secures loan offer to refinance two chemical tankers
The S$18m loan offer aside, it also announces the completion of a US$7.25m bond issue
Add BT as a preferred sourcePublished Wed, May 23, 2018 · 09:50 PM
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Singapore
FIRST Ship Lease (FSL) Trust on Tuesday said it has secured a loan offer to refinance its remaining two chemical tankers, and completed a US$7.25 million bond issue.
In a filing to the Singapore Exchange (SGX), FSL Trust Management said it had on May 17 accepted a bank offer for a senior secured amortising term loan of up to US$18 million to refinance its tankers - FSL New York and FSL London.
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