• 2024 October 5 09:54

  Flex LNG says it finalized $430 million in new financings

  

  Flex LNG Ltd ("Flex LNG") has announced that the aggregate $430 million of new financings announced in the Q2-2024 report have been completed according to plan with net proceeds of about $97 million.
  
  On September 24, 2024, the new $270 million bank facility financing Flex Aurora and Flex Ranger was completed, and the previous $375 million bank facility was repaid in full. Consequently, the Flex Endeavour was unencumbered at end of Q3-2024.  
  
  On October 3, 2024, the Company successfully closed the new $160 million JOLCO lease for Flex Endeavour at very attractive terms.
  
  As announced in the Q2-2024 earnings presentation, Flex LNG had a cash balance of $370 million on June 30, 2024, thus with the completion of these refinancings, the Company will add to an already substantial cash balance.
  
  
  

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2024 November 11

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2024 November 10

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2024 November 9

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2024 November 8

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2024 November 7

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