John Fredriksen-controlled Flex LNG has secured two new facilities that will refinance an existing $375m bank loan as a weak spot market hit its second-quarter income.
Announcing the results today, chief executive Oystein Kalleklev said that on the back of the recent charter extension of its 173,400-cbm LNG carrier Flex Endeavour (built 2018), the company has locked in a $160m sale-and-leaseback deal maturing in 2034.
