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“This is an important milestone for our terminal portfolio in the US, as it positions the company to expand its terminal footprint in Houston, one of the strongest growth areas and key hubs for petrochemicals in the world. The financing ensures that OTUS can embark on accretive growth opportunities and remain self-funded. We are also pleased to conclude attractive bank financing, from existing and new lenders, at a time of financial turmoil and consider this a testament to the strong outlook for the US terminals”.
CEO Terje Iversen, Odfjell SE
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