UPDATE 1-Goldenport says confident about future growth
* Arranges $20 mln financing to fund new acquisitions
* Sells a vessel for $3.8 mln
* Net debt $115.7 mln
* Net debt to book capitalisation 30.2 pct
* 2009 total fleet forward coverage 94 pct
(Adds details)
Nov 4 (Reuters) - Shipping company Goldenport Holdings Inc (GPRT.L: Quote, Profile, Research) said it was confident about its future growth prospects and arranged for $20 million new financing in the third-quarter to fund additional bulk carrier acquisitions.
The container and dry bulk vessels operator said net debt was $115.7 million as of Sept. 30 and its net debt to book capitalisation was 30.2 percent.
"Given our low gearing we have the opportunity to use our balance sheet further in order to fuel accretive acquisitions," the company said in a statement. Continued...
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