Aurora LPG said it secured $21m in added financial capacity is in talks for more.
The "additional debt capacity" comes with an average maturity of two years.
The company did not provide details on the financing.
Liquidity support
"We see this facility as a key step for Aurora in supporting its liquidity needs in the near-term as we had concerns its cash position would erode completely in early 2017 absent a material recovery in charter rates," Clarksons Platou Securities analyst Omar Nokta said in a client note.
Aurora
