EuropeFinance and Insurance
Lomar scores $37m loan from Macquarie
UK-based diversified owner Lomar Shipping has secured a $37.5m loan from Macquarie Group.
The deal, which was the third transaction between the maritime subsidiary of New York-based Libra Group and the Australian lender, will see the refinancing of up to six vessels.
The Nicholas Georgiou-led Lomar earlier clinched an $86m credit facility for the refinancing of several ships in its tanker portfolio, following the acquisition of the Carl Büttner Group.
Lomar also secured a $27.5m loan with Macquarie to refinance two vessels that were part of its $1bn newbuilding investment programme of more than 40 vessels placed over a decade ago, the last of which was delivered in 2021.