Lomar seals $30m bulker refinancing
Lomar Shipping has struck a new loan deal with Macquarie Group, securing $30m in the process.
The deal, which was the fourth transaction between the maritime subsidiary of New York-based Libra Group and the Australian lender, will see the refinancing of three bulk carriers.
The Nicholas Georgiou-led Lomar earlier clinched $37.5m for the refinancing of up to six vessels and $86m 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 company has invested nearly $130m in nine bulkers in the last 12 months to bring the fleet to 14 and raised more than $2bn from its exit from container shipping.