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    Teekay Tankers Completes Sale-Leaseback On Six Aframax Tankers

    September 14, 2018
    SeaNews
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    Teekay Tankers Completes Sale-Leaseback On Six Aframax Tankers

    Teekay Tankers Ltd

    Teekay Tankers Ltd. (Teekay Tankers or the Company) announced that it has completed and closed the previously-announced sale-leaseback transaction for six Aframax tankers, the Whistler Spirit, Blackcomb Spirit, Emerald Spirit, Garibaldi Spirit, Tarbet Spirit and Peak Spirit. As a result, the Company has increased its liquidity position by approximately $60 million after the repayment of outstanding debt related to these vessels. This financing was part of the Company’s financing initiatives announced on August 2, 2018.

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