Norwegian ferry owner Fjord1 has arranged a new loan worth NOK 4.49bn ($529m) as it expands its fleet.
The company said the term sheet agreement was signed with DNB and Nordea.
The Per Saevik-backed owner has 19 ferries on order in total.
In February, it signed for two new ships at Turkish shipyard Cemre and in March it added five more at Norway's Havyard, before following this up with two more at Tersan in Turkey.
