Evangelos Marinakis’s Capital Product Partners is confident of a successful debt refinancing this year before moving to expand its fleet.
Capital Product Partners has been setting cash aside for the past year to help meet debt repayments on four facilities coming up before the end of 2018.
Jerry Kalogiratos, chief executive of the MLP, says drawing on previous bank discussions he feels 2017 is the right time to begin the negotiations on the $160m worth of debt set to reach maturity.