{"id":9393,"date":"2020-05-07T13:32:28","date_gmt":"2020-05-07T10:32:28","guid":{"rendered":"https:\/\/www.al-sindbad.net\/navios-maritime-acquisition-seals-sale-and-leaseback-for-four-product-tankers\/9393\/"},"modified":"2020-05-07T13:32:28","modified_gmt":"2020-05-07T10:32:28","slug":"navios-maritime-acquisition-seals-sale-and-leaseback-for-four-product-tankers","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/navios-maritime-acquisition-seals-sale-and-leaseback-for-four-product-tankers\/9393\/","title":{"rendered":"Navios Maritime Acquisition seals sale and leaseback for four product tankers"},"content":{"rendered":"<p><\/p>\n<p>Navios Maritime Acquisition has entered into a $76.7m sale and leaseback arrangement with unrelated third parties in order to refinance $54m outstanding on the existing facilities on four product tankers.<\/p>\n<p><\/p>\n<p>The agreements will be repaid through periods ranging from four to seven years in consecutive quarterly installments of up to $1.9m each, with a purchase obligation of $28.7m to be repaid on the last repayment date.<\/p>\n<p><\/p>\n<p>Navios Acquisition\u2019s fleet consisted of a total of 46 vessels, made up of 13 VLCCs, 31 product tankers and two chemical tankers. The company reported a net income of $869k for the first quarter of 2020, slightly higher than $861k of net income in the same period of last year.<\/p>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Navios Maritime Acquisition has entered into a $76.7m sale and leaseback arrangement with unrelated third parties in order to refinance $54m outstanding on the existing facilities on four product tankers. The agreements will be repaid through periods ranging from four to seven years in consecutive quarterly installments of up to $1.9m each, with a purchase &hellip;<\/p>\n","protected":false},"author":1,"featured_media":9394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[1184,3015,41,495,1945,1398,1704,198],"class_list":["post-9393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news","tag-acquisition","tag-leaseback","tag-maritime","tag-navios","tag-product","tag-sale","tag-seals","tag-tankers"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/9393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=9393"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/9393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/9394"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=9393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=9393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=9393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}