Navigator Holdings Ltd. said its subsidiaries Navigator Parsec L.L.C. and Navigator Pleione L.L.C. signed a senior secured pre- and post-delivery term loan facility for up to $133.77 million with ABN AMRO Bank N.V., Crédit Agricole Corporate & Investment Bank and Nordea Bank Abp, filial i Norge. The company said the financing will fund up to 65% of pre-delivery and delivery installments for two 48,500 cbm liquefied ethylene gas carrier newbuildings at Jiangnan Shipyard, with the balance paid from cash. The five-year post-delivery facility carries interest at SOFR plus 1.50% and is secured by mortgages over the vessels, with guarantees from Navigator Holdings and Navigator Gas L.L.C.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Navigator Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603020708PRIMZONEFULLFEED9663844) on March 02, 2026, and is solely responsible for the information contained therein.
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