30 September 2015
Epic Gas Ltd. closes USD 120 million senior secured credit facility for remaining 7 new buildings

Singapore – Epic Gas Ltd. (“Epic Gas” or the “Company”) announced today that it has closed a new USD 120million post-delivery senior secured credit facility to finance its remaining seven owned vessels under construction.

The facility covers approximately 65% of the contract price of the vessels, and has been closed in partnership with Coordinator, Agent and Book running Mandated Lead Arranger ABN AMRO Bank N.V. Credit Agricole Corporate and Investment Bank and NIBC Bank N.V. also joined the facility as Book running Mandated Lead Arrangers.

The Company remains committed to the delivery of a high quality fleet with an outstanding new building program of three 7,500cbm vessels and four 11,000cbm vessels, plus an additional 11,000cbm new building to be delivered under a bareboat charter to Epic Gas.

Please click here to download a full copy of this press release