Star Bulk has struck an extra loan refinancing and secured a sale-and-leaseback deal that will part-fund its takeover of Songa Bulk.
Petros Pappas-led Star has inked a new $80m facility with HSBC which refinances a $65.5m loan with the same bank, according to its second quarter earnings report.
It says the new debt line will run for five years with a $32.4m
