Scorpio has received a commitment from Nordea Bank, through its New York branch, and DVB Bank for a loan facility of up to $90 million.
ABN AMRO provided a $73.1 million senior debt facility to Ardmore Shipping, which the company put towards its acquisition of new vessels.
International Shipholding filed for Chapter 11 and entered into a $16 million DIP facility with a lender group led by SEACOR Capital. A pre-petition lender group led by Regions bank as agent is owed $59.5 million.
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.