Flex Courageous LNG Carrier Lease Financing
Sector: Natural Gas
Source: Energy News
Flex LNG completed a $175 million Japanese Operating Lease with Call Option (JOLCO) financing for its liquefied natural gas (LNG) carrier Flex Courageous. This financing extends the vessel's debt maturity to 2035, reduces the annual cost of debt by approximately 1.5%, and generated about $42 million in immediate net proceeds as part of a financial restructuring plan.
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Participants
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Company | Obfuscated Data |
Status
Original status | Completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Flex LNG completed a $175 million Japanese Operating Lease with Call Option (JOLCO) financing for its liquefied natural gas (LNG) carrier Flex Courageous. This financing extends the vessel's debt maturity to 2035, reduces the annual cost of debt by approximately 1.5%, and generated about $42 million in immediate net proceeds as part of a financial restructuring plan. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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