KUALA LUMPUR: Malaysian Bulk Carriers Bhd (Maybulk) has accepted a five-year term loan facility of RM320mil to refinance a bridging loan maturing in early 2015 as well as for capital expenditure and working capital requirements.
In a filing with Bursa Malaysia, the company said the facility, offered by RHB Bank Bhd, would increase its gearing to 0.21 times from 0.04 times currently. — Bernama
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