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Gaslog announces $1.05B financing facility

Jun. 20, 2016 9:16 AM ETGasLog Ltd. (GLOG) StockBy: Carl Surran, SA News Editor
  • GasLog (NYSE:GLOG) says it is launching $1.05B in debt financing across six legacy facilities covering eight on-the-water vessels.
  • The re-financing includes a $100M revolving credit facility and extends the maturity of existing facilities to 2021.
  • GLOG says the terms of the legacy facility re-financing are in line with existing facilities, demonstrating the banks' strong appetite to lend to leading companies in the liquefied natural gas industry.

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