Oslo-listed MPC Container Ships (MPCC) has secured $70m in loans from the US-based CIT Group.
The containership tonnage provider has booked a three-year revolving credit facility agreement with “at attractive terms”.
An initial drawdown of $40m has been used to refinance existing debt.
the company said this will enable the containership tonnage provider to repay in full the previous term loans with Beal Bank and CIT.
