financetom
Business
financetom
/
Business
/
BW LPG Closes Financing Deals Worth $595 Million to Fund Fleet Renewal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BW LPG Closes Financing Deals Worth $595 Million to Fund Fleet Renewal
Jul 17, 2025 2:16 AM

04:48 AM EDT, 07/17/2025 (MT Newswires) -- BW LPG ( BWLP ) said Thursday it closed two financing deals worth $595 million to support fleet renewal and reduce funding costs.

A $380 million term loan and revolving credit facility backed by seven banks will help fund its acquisition of Avance Gas vessels, the company said.

The company's Indian unit obtained a $215 million term loan to refinance debt and purchase two modern gas carriers, BW LPG ( BWLP ) said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Jefferies Financial Shares Are Trading Higher Friday: What's Going On?
Jefferies Financial Shares Are Trading Higher Friday: What's Going On?
Oct 17, 2025
Jefferies Financial Group, Inc. ( JEF ) shares are trading higher Friday following reports suggesting that its fund connected to First Brands is separate from its investment banking business What To Know: According to Reuters, Jefferies executives said at the bank's investor day that the Point Bonita fund involved in the collapse of auto parts maker First Brands operates independently...
Iconic Minerals Announces Equity Financing of up to $2.55 Million
Iconic Minerals Announces Equity Financing of up to $2.55 Million
Oct 17, 2025
02:11 PM EDT, 10/17/2025 (MT Newswires) -- Iconic Minerals ( ICMFF ) on Friday said it will look to raise up to $2.55 million in private placement of share units. The company said, subject to exchange approval, it will place up to 30-million units priced at $0.085 each and made up of a share and one half of a two-year...
Aquestive Therapeutics Insider Sold Shares Worth $473,701, According to a Recent SEC Filing
Aquestive Therapeutics Insider Sold Shares Worth $473,701, According to a Recent SEC Filing
Oct 17, 2025
02:07 PM EDT, 10/17/2025 (MT Newswires) -- Cassie Jung, Chief Operating Officer, on October 15, 2025, sold 67,575 shares in Aquestive Therapeutics ( AQST ) for $473,701. Following the Form 4 filing with the SEC, Jung has control over a total of 242,771 shares of the company, with 240,771 shares held directly and 2,000 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1398733/000121465925015048/xslF345X05/marketforms-71051.xml Price:...
Ciena Insider Sold Shares Worth $1,157,706, According to a Recent SEC Filing
Ciena Insider Sold Shares Worth $1,157,706, According to a Recent SEC Filing
Oct 17, 2025
02:01 PM EDT, 10/17/2025 (MT Newswires) -- Gary B Smith, Director, President, CEO, on October 15, 2025, sold 6,800 shares in Ciena (CIEN) for $1,157,706. Following the Form 4 filing with the SEC, Smith has control over a total of 275,270 shares of the company, with 275,270 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/936395/000103255325000047/xslF345X05/edgardoc.xml Price: 169.57, Change: -1.21, Percent Change: -0.71...
Copyright 2023-2026 - www.financetom.com All Rights Reserved