At the end of 2Q 2025, BW LPG held $708 million in liquidity—comprising $287 million in cash and an undrawn $421 million revolving credit facility (RCF)—against total debt of $946 million, with roughly 70% of maturities pushed out to FY 2029 and beyond.
—
Ankita Dhawan,
Forbes.com,
29 Aug. 2025
Unlike ladders that invest in multiple maturities, a bullet strategy focuses on assets that mature around the same timeline.
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