NIBC closed an add-on financing for Aurora LPG

Corporate News -

NIBC Shipping & Intermodal acted as lead arranger in a USD 45 million add-on of the existing USD 75 million senior secured credit facility for the gas carrier company Aurora LPG Holding. This add-on facility will be used to finance the 2009 built very large gas carrier (VLGC) m/v Prospect for Aurora LPG.

Aurora LPG Holding is a listed company, active in the LPG market. The company now has a fleet of three VLGC’s and is well positioned to take advantage of the profitable VLGC trade. The company aims to further grow the business by acquiring further second hand vessels and has firm orders for four VLGC’s to be delivered in 2016. The transaction further diversifies NIBC’s exposure in the LPG segment.

Welcome to

We, NIBC Bank N.V., use functional cookies to ensure that this website works properly. We’d also like to place optional analytical cookies on your device which enable us to collect information about the use of this website, so that we can offer you an optimised website experience. You can choose not to provide your consent for the use of analytical cookies. If you do consent, you can withdraw your consent at any time. You can find more information in our Cookie Policy and our Privacy Statement.

Call me back
Please fill out your name Onderwerp is verplicht Please fill out your telephone number