# 6-K exhibit

- Source: edgar · Published: 2026-08-03 · Kind: report
- Original: https://www.sec.gov/Archives/edgar/data/1581804/000119312526329554/d69858dex991.htm
- Local copy: `data/documents/NVGS/2026-08-03_d69858dex991.html`

**TL;DR —** Navigator Gas secured a $121.8 million financing facility for two newbuild ammonia-fueled liquefied ammonia/LPG carriers, reinforcing its ammonia growth strategy and balance sheet flexibility.

## Takeaways
- **What happened:** Navigator Gas, through its Navigator Amon joint venture, secured a $121.8 million senior secured post-delivery term loan.
- **Key numbers:** The loan covers up to 70% of the cost for two 51,350 cubic meter ammonia-fueled liquefied ammonia/LPG carriers.
- **Key numbers:** The financing has a six-year tenor post-delivery with an interest rate of SOFR plus 1.35%, payable quarterly.
- **Why it matters:** This financing supports Navigator Gas's strategy to invest in next-generation vessels for the growing ammonia and LPG trades, while maintaining capital discipline.
- **Why it matters:** The vessels, expected for delivery in May and September 2028, are designed for both current LPG/ammonia trades and the emerging ammonia marine fuel market.
- **Why it matters:** The deal involves ING Bank N.V., Société Générale, and Oversea-Chinese Banking Corporation Limited, indicating strong lender confidence in Navigator Gas's strategic direction.

*Generated 2026-09-15 via google/gemini-2.5-flash*