Tag Archives: DNB Markets

Nordea Bank and Others Provide $500MM Credit Facility to Genco Shipping & Trading

Genco Shipping & Trading, a dry bulk shipowner focused on the global transportation of commodities, closed a $500 million revolving credit facility. Nordea Bank, DNB Markets, Skandinaviska Enskilda Banken and ING Bank are mandated lead arrangers and bookrunners.

Crédit Agricole Agents $175MM Upsize to Eagle Bulk Shipping’s Credit Facility

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.

Excelerate Energy Amends and Restates $600MM Senior Secured Credit Facility with Syndicate

Excelerate Energy entered into an amended and restated senior secured credit agreement. Proceeds from the term loan facility are intended to be used for the acquisition of the FSRU Sequoia, which is currently under a bare boat charter with a third party until mid-2025.

DNB-Led Syndicate Closes $350MM Term Loan for Noble Corporation

Noble Corporation closed a new $350 million secured term loan. According to an 8K, DNB Capital, JPMorgan Chase, Nykredit Bank, Clifford Capital, Barclays Bank, Danske Bank, HSBC Bank, Nordea Bank and Morgan Stanely Senior Funding are mandated lead arrangers.