First Ship Lease Trust - backed by Greek shipowner Prime Tanker Management - has refinanced debt of over $100m.
Singapore-listed FSL has inked a $50m facility with Hellenic Bank and a further $40m from Chailease International Financial Services, it announced today.
The shipowner has been working for some time to refinance its main debt line signed in 2011 and today’s development will take care of the $109.94m
