Epic Gas has tapped Dutch investment bank NIBC to help fund the latest acquisition to its growing LPG carrier fleet.
The Singaore-based LPG specialist said it has arranged a senior secured loan facility of $8.5m with a five-year tenor with the Hague-based bank.
The funds will go towards the acquisition of a 7,500-cbm LPG carrier which is being funded through a combination of debt and equity.
