Frontline Management signed a new $500 million senior secured term loan facility with a bank group led by DNB Bank as facility agent.
Major tanker owner Euronav signed a new $750 million senior secured amortizing revolver with a lender group led by Nordea Bank Norge as facility agent. The credit facility will be secured by 25 vessels.
GasLog acquired two LNG carriers from Methane Services Limited. To complete the transaction, GasLog drew down on a $460 million credit facility led by DNB Bank.