The funds will go towards financing 65% of the contract price of remaining seven owned vessels under construction in Japan.
The facility covers has been closed in partnership with coordinator, agent and book running mandated lead arranger ABN AMRO Bank.
Credit Agricole Corporate and Investment Bank and NIBC Bank also joined the facility as book running mandated lead arrangers.
Epic’s newbuilding program comprise three 7,500-cbm vessels and four 11,000cbm vessels, plus an additional 11,000-cbm new building to be delivered under a bareboat charter.
