Globus Maritime has announced that it has come to an agreement with two of its lenders, DVB Bank and HSH Nordbank, on certain amendments and waivers to the terms of their original agreements dated on June 20 2011 and February 27, 2015, respectively.
Under the new agreements the company was able to receive waivers and relaxations on its loan covenants as well as defer instalment loan payments due in 2016.
“We are very pleased with our agreements with both DVB Bank and HSH Nordbank AG. With these agreements we were able to accomplish waivers or relaxations to our financial covenants for the period of March 2016 through March 2017 as well as defer principal payments due in 2016,” said Athanasios Feidakis, president, chief executive officer and chief financial officer of Globus Maritime.
