Credit Agricole, Others Finance $208.4MM Facility for Eagle Bulk

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.

Scotiabank Upsizes Lundin Mining Facility to $550MM

Lundin Mining amended its revolving credit facility, increasing the facility to $550 million with a $50 million accordion option. The Bank of Nova Scotia served as administrative agent for the transaction.

Crédit Agricole Agents $108MM Facility for Genco

Genco Shipping & Trading entered into a five-year senior secured credit facility in an aggregate principal amount of up to $108 million. Crédit Agricole served as administrative agent on the transaction.

Nordea, SEB to Provide $184MM Facility to Scorpio Bulkers

Scorpio Bulkers received a commitment from Nordea, New York branch, and Skandinaviska Enskilda Banken for a loan facility of up to $184 million.

Scorpio Gets $85.5MM Commitment to Finance Ultramax Vessels

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.

Jeffries, J. P. Morgan Arrange New $500MM Term Loan for Int’l Seaways

International Seaways closed on a new $500 million term loan and a $50 million revolving credit facility. Jeffries Finance and J.P. Morgan were joint lead arrangers for the term loan. Skandinaviska Enskilda Banken provided the revolver.

Wells Fargo Agents $800MM Oceaneering Facility Extension

Oceaneering extended the maturity on its $300 million term loan and $500 million revolving credit facility to October 25, 2020 and October 25, 2019 respectively. Wells Fargo was administrative agent for the transaction.

BofA Merrill Lynch, Citibank, Others Lead $219MM Revolver for Valmet

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.

ABN AMRO, ING, Others Provide $360MM Hafnia Tankers Facility

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.

ABN AMRO, DVB Bank Close $213MM Senior Loan For Ardmore Shipping

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.