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Golden Ocean significantly lowers break even on 14 capesizes with refinancing

John Fredriksen’s Golden Ocean has entered into a new loan agreement to refinance a $425m credit facility secured by the 14 capesize bulkers. The new loan lowers the daily cash break even rate on the financed vessels by more than $1,000 per ship and once the refinancing is finalised the company will have no debt maturities until 2023. …

WP_Post Object ( [ID] => 235096 [post_author] => 75 [post_date] => 2020-11-19 07:56:21 [post_date_gmt] => 2020-11-19 07:56:21 [post_content] =>

John Fredriksen’s Golden Ocean has entered into a new loan agreement to refinance a $425m credit facility secured by the 14 capesize bulkers. The new loan lowers the daily cash break even rate on the financed vessels by more than $1,000 per ship and once the refinancing is finalised the company will have no debt maturities until 2023. …

[post_title] => Golden Ocean significantly lowers break even on 14 capesizes with refinancing [post_excerpt] => John Fredriksen’s Golden Ocean has entered into a new loan agreement to refinance a $425m credit facility secured by the 14 capesize bulkers. The new loan lowers the daily cash break even rate on the financed vessels by more than $1,000... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => golden-ocean-significantly-lowers-break-even-on-14-capesizes-with-refinancing [to_ping] => [pinged] => [post_modified] => 2020-11-19 07:56:21 [post_modified_gmt] => 2020-11-19 07:56:21 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=131531 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )