Eagle Bulk Shipping, an operator of midsize drybulk vessels, amended its credit agreement to increase borrowing capacity by $175 million, among other changes. Crédit Agricole is the facility agent for the loan.
Eagle Bulk Ultraco, a wholly owned subsidiary of Eagle Bulk Shipping, closed on a new five-year senior secured facility totaling $208.4 million. Financing participants on the facility included ABN AMRO and Credit Agricole CIB.
Pacific Basin Shipping, a global dry bulk shipping company, closed a $40 million 7-year term loan facility with Danish Ship Finance.
Crude oil tanker company DHT Holdings closed a $485 million secured credit facility agreement with a six-year tenor for the refinancing of its credit facility. ABN Amro increased the company’s revolver from $43.4 million to $57 million.
Hafnia Tankers signed a $360 million credit facility with ABN AMRO Bank, Danish Ship Finance, Danske Bank and ING Bank acting as joint bookrunners and mandated lead arrangers.