Flex LNG hammers out $175m refinancing deal for LNG carrier

Flex LNG, backed by shipping magnate John Fredriksen, has successfully arranged a $175 million lease financing deal for its LNG carrier, the Flex Courageous. This strategic refinancing will not only generate approximately $42 million in net proceeds but also extend the vessel’s debt maturity to 2035 while reducing the annual cost of debt by about … Continue reading Flex LNG hammers out $175m refinancing deal for LNG carrier