EPS completes refinancing deal for CoolCo LNG carriers in Greece
2026-06-09 09:37
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en.Wedoany.com Reported - EPS (Eastern Pacific Shipping) has signed a refinancing deal for its Cool Company (CoolCo) LNG carriers during the Posidonia maritime exhibition in Greece. EPS stated on social media that, following the integration of CoolCo earlier this year, this refinancing aims to align the financing structure more closely with the entire group while strengthening the platform for future growth.

EPS completes refinancing deal for CoolCo LNG carriers

The deal brings together a syndicate of multiple banks, reflecting confidence in the business and long-term partnerships. EPS specifically thanked ING, DNB, Nordea, ABN AMRO Bank, Citi, Germany's KfW IPEX-Bank, Danske Bank, Sumitomo Mitsui Trust Bank, DBS Bank, Standard Chartered, and SpareBank 1 for their support and cooperation throughout the process.

CoolCo currently owns nine TFDE-type LNG carriers and four modern two-stroke LNG carriers. In January this year, EPS also ordered two 175,000-cubic-meter LNG carriers at China's Jiangnan Shipyard, marking its first LNG carrier order in China. According to shipbuilding industry sources, EPS is expected to pay approximately $220 million to $225 million per vessel.

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