Belgian LNG shipping specialist Exmar continues to chip away at a looming bond maturity through its latest buyback.
The Nicolas Saverys-controlled company said it had purchased another NOK 87m of a three-year issue worth NOK 650m expiring in May.
The shipowner has now acquired NOK 135m of the 6.86% bond.
Another NOK 515m remains outstanding, but Exmar has said it has a loan and enough cash in place to redeem the debt.
