CLCO: Sale & Leaseback financing

Cool Co (CLCO) have announced financing for their two newbuilds.

Two general comments

  1. Early financing - the vessels don’t deliver until H2 2024
  2. Lender appears to be a China-based entity. Given the South Korean vessel builder, I would have thought there would be South Korean financing. Then again, KEXIM might not do Sale & Leaseback financing.