"For an extra 150 basis points you can get people to do crazy stuff [in the U.S.]. They aren't junk lenders over there [in Europe] ­ they either like the credit and will go with you or you'll just see them pass."

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"For an extra 150 basis points you can get people to do crazy stuff [in the U.S.]. They aren't junk lenders over there [in Europe] ­ they either like the credit and will go with you or you'll just see them pass."

-- John LeFrere, director at B+H Ocean Carriers, about the company's decision to go with all European banks.

"For an extra 150 basis points you can get people to do crazy stuff [in the U.S.]. They aren't junk lenders over there [in Europe] ­ they either like the credit and will go with you or you'll just see them pass." -- John LeFrere, director at B+H Ocean Carriers, about the company's decision to go with all European banks.

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