CoolCo Announces Exercise Of Purchase Option For Two 2-Stroke LNG Carrier Newbuilds Under Pre-Existing Purchase Option Price Of ~$234M
Portfolio Pulse from Benzinga Newsdesk
CoolCo has announced the exercise of a purchase option for two 2-stroke LNG carrier newbuilds under a pre-existing purchase option price of approximately $234 million.
June 28, 2023 | 8:10 pm
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CoolCo's decision to exercise the purchase option for two LNG carrier newbuilds could potentially increase the company's assets and equity.
The purchase of the two LNG carrier newbuilds represents a significant investment for CoolCo. This could potentially increase the company's assets and equity, which may positively impact the company's stock price in the short term.
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