Eagle Bulk Shipping Inc. Receives Commitment for a New Credit Facility Totaling USD 208 Million

Eagle Bulk Shipping Inc. Receives Commitment for a New Credit Facility Totaling USD 208 Million

Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (Eagle) announced today that Eagle Bulk Ultraco LLC, a wholly-owned subsidiary of the Company, has received a loan commitment from a consortium of banks for a new five year senior …
Jan 22, 2019 /  Finance
Seaspan to Increase its Pool of Unencumbered Assets to 32 Vessels

Seaspan to Increase its Pool of Unencumbered Assets to 32 Vessels

Seaspan Corporation (Seaspan) (NYSE: SSW) announced that it has prepaid a credit facility which was secured by eight of its vessels. Upon completion of the collateral release documentation in respect of this facility …
Jan 17, 2019 /  Vessels
Global Ship Lease Secures $65 Million Growth Facility for Fleet Expansion

Global Ship Lease Secures $65 Million Growth Facility for Fleet Expansion

Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, announced yesterday that the Company had entered into a $65.0 million credit facility with funds associated with Hayfin Capital Management and Breakwater …
Sep 11, 2018 /  Finance
Genco Shipping Takes Delivery of Two Modern, High Specification Capesize Vessels and Enters Into New Five-Year Credit Facility

Genco Shipping Takes Delivery of Two Modern, High Specification Capesize Vessels and Enters Into New Five-Year Credit Facility

Vessels Represent Second and Third of Six Expected to be Delivered to Genco in Third Quarter 2018 Genco Shipping & Trading Limited (NYSE: GNK) (Genco) Wednesday announced that it has taken delivery of the Genco …
Aug 16, 2018 /  Vessels
Pacific Basin closes new US$325 million secured revolving credit facility

Pacific Basin closes new US$325 million secured revolving credit facility

Pacific Basin Shipping Limited (Pacific Basin), one of the world’s leading dry bulk shipping companies, yesterday closed a US$325 million 7-year reducing revolving credit facility secured over 50 of the …
Jun 26, 2018 /  Finance
SCF Group concludes USD 252Mln long-term credit facility for financing a series of six Aframax tankers

SCF Group concludes USD 252Mln long-term credit facility for financing a series of six Aframax tankers

PAO Sovcomflot (SCF Group) announced on Friday (Apr 06) that it has signed a new USD 252 million 7-year credit facility with a consortium of six leading international banks, which includes: ABN AMRO Bank; BNP Paribas; …
Apr 10, 2018 /  Finance
DryShips Secures $150Mln Credit Facility to partly finance the delivery of four VLGCs

DryShips Secures $150Mln Credit Facility to partly finance the delivery of four VLGCs

DryShips Inc. (NASDAQ: DRYS), a diversified owner of ocean-going cargo vessels, announced today, it has received firm commitment for a senior secured credit facility of up to $150 million with ABN AMRO Bank and …
May 30, 2017 /  Finance
Euronav Secures USD 410 Million Credit Facility

Euronav Secures USD 410 Million Credit Facility

Euronav NV (NYSE: EURN & Euronext: EURN) announces today that it has signed a new USD 410 million senior secured amortizing revolving credit facility. The facility has been made available on 16 December 2016 for …
Jan 6, 2017 /  Finance
Sovcomflot signs USD180Mln long-term credit agreement with Sberbank to finance 2 Panamax Arctic shuttle tankers

Sovcomflot signs USD180Mln long-term credit agreement with Sberbank to finance 2 Panamax Arctic shuttle tankers

On 23 November 2016, Sovcomflot and Sberbank signed a memorandum of understanding (MOU) paving the way for a new USD 180 million long-term credit agreement with a term of up to 15 years. On behalf of the parties the …
Nov 24, 2016 /  Finance
Matson Announces Closing Of $200 Million Debt Private Placement

Matson Announces Closing Of $200 Million Debt Private Placement

Matson, Inc. (Matson) (NYSE: MATX), a leading U.S. carrier in the Pacific, yesterday announced the issuance of $200 million in privately placed 15-year final maturity senior unsecured notes (the "Notes") pursuant to a …
Sep 15, 2016 /  Finance