ABN AMRO Extends Eagle Bulk Forbearance Agreement
Eagle Bulk extended its forbearance and standstill agreement with its creditors, led by ABN AMRO, by a further 14 days to give it more time to find a solution to the money it owes in loans.
Eagle Bulk extended its forbearance and standstill agreement with its creditors, led by ABN AMRO, by a further 14 days to give it more time to find a solution to the money it owes in loans.
Hafnia Tankers signed a $360 million credit facility with a bank group led by Nordea Bank Norge as facility agent.
GasLog and GasLog Partners entered into agreements for the refinancing of six vessels of up to $576.5 million. ABN AMRO and DNB were the mandated lead arrangers of the transaction.
Marel successfully completed the refinancing of its long-term funding by entering into a $728 million all senior long-term financing agreement. ABN Amro, ING and Rabobank served as mandated lead arrangers on the deal.
Reuters reported natural resources company Glencore has launched a senior syndication of a refinancing of a $8.45 billion revolver. Active bookrunners on the deal are ABN AMRO, HSBC, ING, Bank of Tokyo Mitsubishi UFJ and Santander
Ardmore Shipping has received loan commitments of $364 million, encompassing a facility of $213 million from ABN AMRO and DVB Bank and a $151 million facility from Nordea Bank and Skandinaviska Enskilda Banken.
Teekay Tankers has secured a new $900 million long-term debt facility with a lender group led by Nordea and AMB AMRO.
Gunvor Group signed a $1.36 billion revolver in favor of Gunvor International and Gunvor SA. The mandated lead arrangers included: ABN AMRO, CACIB, Credit Suisse, DBS, ING, Natixis, Rabobank, UBS and Unicredit.
Team Tankers International announced that ABN AMRO has participated as lender in the company’s existing loan facility with SEB and NIBC Bank, increasing the facility size by $50 million, to $150 million.
Aegean Marine Petroleum Network announced the renewal of a $250 million secured U.S. borrowing based revolving credit facility with a lender group led by ABN AMRO as administrative agent and lead arranger.