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Diana Shipping refinances Nordea facility to extend repayment by two years

Photo of Grant Rowles Grant RowlesMay 18, 2020
44 Less than a minute
Diana Shipping

Greek dry bulk owner Diana Shipping has sealed a new loan facility with Nordea Bank for $55.848m, refinancing its existing loan with Nordea for the same amount.

The refinancing extends the repayment of the loan by two years, through to March 2022, and an option is included to extend repayment by two additional years to March 2024.

Led by Simeon Palios, Diana Shipping currently owns a fleet of 41 bulkers.

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Photo of Grant Rowles Grant RowlesMay 18, 2020
44 Less than a minute
Photo of Grant Rowles

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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