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Europe Greece Dorian Lpg

Dorian LPG raises $100m in cash from sale-and-leaseback brace

Each of the deals for the two ships carries a fixed interest rate of 4.1%, with a nine-year term. Purchase options start after completion of the third year

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Two ‘Japanese financing transactions’ were worth $70m each and resulted in cash proceeds of $100m. The separate sale of a debt-free very large gas carrier adds to the company’s cash pile

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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