<p>New York- and Oslo-listed tanker giant Frontline has lined up a 10-ship sale and leaseback deal in China to pay back money borrowed from controlling shareholder John Fredriksen. The deal worth up to $512.1m involves CMB Financial Leasing&#8217;s commitment to cover the refinancing of 10 suezmaxes, subject to execution of final documents, the company said. &#8230;</p> </p><p><p>https://splash247.com/frontline-in-10-ship-leaseback-deal-to-clear-fredriksen-debt/</p></p>

...See more

shipping_news

Post Image

Frontline in 10-ship leaseback deal to clear Fredriksen debt - Splash247

https://splash247.com/frontline-in-10-ship-leaseback-deal-to-clear-fredriksen-debt/

Back