Credit Agricole (CA) has closed its first fixed rate bond to finance two vessels owned by ICBC Financial Leasing and operated by Golar LNG.

The bank said the long-term bond of $200m was guaranteed by the Exim-Import Bank of Korea (KEXIM).

The proceeds will be used to finance the 160,000-cbm Golar Ice and the 162,000-dwt Golar Kelvin (both built 2015).

Both vessels were part of Golar LNG's 10-newbuilding project with Samsung Heavy Industries (SHI) and Hyundai Heavy Industries (HHI).

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