Eastern Pacific Shipping-led CoolCo is planning to buy up to six LNG carriers from its parent for $660m and is planning to raise $270m to help fund the purchase of four of them from a private placement.
CoolCo, a recently formed LNG carrier owner, said it intends to use the net proceeds from its share sale to finance the equity portion of a planned acquisition of the four vessels from EPS affiliate Quantum Crude Tankers.
