Aurora LPG said it was close to securing cash for the majority of its newbuildings as it repeated its opposition to a hostile takeover attempt from Avance Gas.
Oslo Axess-listed Aurora says a loan from ABN AMRO and KEXIM is fully committed and is in the final stages of documentation.
It will add a recent loan from Credit Suisse and see Aurora with funding in place for five of its six newbuildings.
