OB:OETOil and Gas
Okeanis Eco Tankers (OB:OET): Reassessing Valuation After $90m Debt Deal for New Suezmax Fleet Expansion
Okeanis Eco Tankers (OB:OET) just locked in two new 90 million dollar debt facilities to finance its latest Suezmax newbuilds, a move that tightens fleet expansion plans and reshapes the medium term cash flow picture for shareholders.
See our latest analysis for Okeanis Eco Tankers.
The fresh debt facilities land after a powerful run, with the share price still up about 32 percent year to date and the 1 year total shareholder return near 59 percent. However, recent 1 month share price...