Gram Car Carriers refinances 2015-built vessel with $41m loan

Norway’s Gram Car Carriers has agreed to refinance the 6,700 ceu with a leading Japanese bank at competitive terms. The new $41m loan has a duration matching the current charter for the 2015-built carrier ending in mid-2028 and a margin of SOFR +1.73%. This compares a margin of SOFR +4.26% under the previous lease financing …

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