John Fredriksen-backed Flex LNG has firmed up $315m of loans for its first three newbuildings in Korea.
The Oslo-listed company said an offer for a $315m term loan facility (TLF) has been received, secured by three of six newbuildings with delivery in the first half of 2018.
Six lenders are involved, with debt maturing over five years.
Two of the LNG carriers are coming from DSME and one from Samsung.
