Greek bulker owner Diana Shipping has tapped Danish Ship Finance for a $100m loan maturing in April 2028.
The New York-listed firm has used the proceeds to refinance two existing loans with BNP Paribas of about $75.2m and another loan facility with DNB Bank of approximately $11.8m.
Diana said the leftover cash may be used to pay transaction costs and expenses incurred in connection with the loan agreement or general corporate purposes.
The deal has been secured by nine unnamed ships out of 42 in the Semiramis Paliou-led Diana’s fleet.
