Teekay Tankers Ltd. - 2015-12-14
Description
Secured a new long-term debt facility that will mature in January 2021. It will refinance vessels, including the recently-acquired vessels that are secured by two bridge loan facilities maturing in early 2016. Facility will also support the main corporate revolving credit facility that matures in 2017. The new facility includes a term loan and a revolving credit facility. The facility, led by Nordea and ABN AMRO, will be completed in January 2016.