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Wednesday, 06/27/2018 10:22:11 PM

Wednesday, June 27, 2018 10:22:11 PM

Post# of 17242
Another shipping company has had debt refinanced!!!

https://www.hellenicshippingnews.com/diana-shipping-inc-has-reached-an-agreement-with-bnp-paribas-that-sets-17-vessels-of-the-fleet-unencumbered/

The proceeds from the loan facility together with available cash will be used to voluntarily prepay in full the balance of US$130 million of the existing credit facility with BNP Paribas. The new loan facility will result in 17 of the Company’s vessels being unencumbered.



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