Dry CargoEuropeFinance and Insurance
Diana Shipping gets ABN AMRO Bank loan to refinance vessels
London: NYSE-listed Diana Shipping has signed a term loan facility with ABN AMRO Bank, through which Diana has drawn down $50.16m to pay off outstanding debt on three bulkers.
The drawdown has been used to repay in the full the $44.35m of total indebtedness attached to Diana’s vessels New York (177,800 dwt, built 2010), Maia (82,800 dwt, built 2009) and Myrto (82,100 dwt, built 2013).
Earlier this month, Diana signed a term loan facility this week with Nordea Bank in London, through which it drew down $93.08m to refinance eight of its bulk carriers.