Scorpio Bulkers received a commitment for a loan facility of up to $85.5 million to finance up to 60% of the market value of six recently acquired Ultramax vessels.
Bank of America Merrill Lynch, Citibank, Credit Agricole, Danske Bank, Nordea Bank, Skandinaviska Enskilda Banken and Standard Chartered Bank were lead arrangers and bookrunners for a new €200 million ($210 million) revolving credit facility for Valmet Oyj.
Atwood Oceanics amended its senior secured revolving credit facility with its syndicate of banks. The aggregate principal was reduced by $152 million. Nordea Bank served as administrative agent for the transaction.
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.