Norwegian ferry owner Fjord1 has arranged a new loan worth NOK 4.49bn ($529m) as it expands its fleet.
The company said the term sheet agreement was signed with DNB and Nordea.
The Per Saevik-backed owner has 19 ferries on order in total.
In February, it signed for two new ships at Turkish shipyard Cemre and in March it added five more at Norway's Havyard, before following this up with two more at Tersan in Turkey.
It needs new ferries to serve government contracts it captured from rival Hurtigruten this year.
Three newbuildings were delivered during the first half of 2018.
It also announced net profit for the second quarter of NOK 122.69m ($14.59m), down from NOK 138.06m a year ago.
Revenue rose to NOK 785.7m, compared to NOK 727.2m as new contracts started.
The company operates 69 ferries.
