Evangelos Marinakis-backed Capital Product Partners has increased its liquidity by $38.8m after sealing sale-and-leaseback refinancing for three boxships.
The Nasdaq-listed company said it had completed a deal with ICBC Financial Leasing of China worth $155.4m.
The ships involved are the 9,288-teu CMA CGM Amazon, CMA CGM Uruguay (both built 2015) and the CMA CGM Magdalena (built 2016), previously financed under Capital Product's 2017 credit facility.