Himalaya Shipping Ltd. (HSHIP) – Financing secured for newbuild program
Hamilton, Bermuda, April 21, 2022 Himalaya is pleased to announce it has signed definitive documentation for the sale leaseback financing on ship 5-12. The Company have now secured sale leaseback financing for its complete newbuilding program of 12 dual fuel Newcastlemax vessels with delivery between Q2 2023 and Q4 2024. The financing covers the remaining instalments to the shipyard and secures attractive financing for 7 years from delivery. The sale leaseback financing offers both pre and post delivery financing. The Company has customary purchase options at certain dates in the