Wallenius Wilhelmsen is out with a banging set of quarterly financial results and a huge new lending package as its new chief executive Lasse Kristoffersen settles into his new job.
Along with delivering the third quarter in a row of Ebitda figures over $300m, the company has unveiled an $800m package of vessel-secured sustainability-linked bank financings.
The two bank facilities signed with undisclosed institutions on 30 June have the effect of replacing all Wallenius Wilhelmsen’s outstanding vessel-secured debt, worth some $569m, increasing the company’s fleet of unencumbered ships to 12, and further boosting funds available for “general corporate purposes”.
