Chailease International Financial Services has been identified as the finance company behind the latest fleet refinancing of First Ship Lease Trust (FSL Trust).
The Taiwanese company has provided the Singapore-listed owner with a $15m five-year facility which bears interest of 3.975% per annum above Libor.
The funds will be used to refinance a clutch of small product tankers, the 12,900-dwt Cumbrian Fisher (built 2004), 13,000-dwt Clyde Fisher (built 2005), 5,400-dwt Shannon Fisher and Solway Fisher (both built 2006), and 4,400-dwt Seniority (built 2006) and Superiority (built 2007).
