{"id":174357,"date":"2022-10-03T21:56:58","date_gmt":"2022-10-03T13:56:58","guid":{"rendered":"https:\/\/splash247.com\/?p=174357"},"modified":"2022-10-03T21:57:02","modified_gmt":"2022-10-03T13:57:02","slug":"diana-shipping-secures-200m-loan-to-fund-sea-trade-ultramaxes-buy","status":"publish","type":"post","link":"https:\/\/splash247.com\/diana-shipping-secures-200m-loan-to-fund-sea-trade-ultramaxes-buy\/","title":{"rendered":"Diana Shipping secures $200m loan to fund Sea Trade ultramaxes buy"},"content":{"rendered":"\n

Diana Shipping has secured a new loan to back the acquisition of nine modern ultramax dry bulk vessels.<\/p>\n\n\n\n

The New York-listed Greek bulker owner has taken $200m from Nordea Bank which will be directed to partially finance the $330m deal the company struck in August to take over the entire fleet of Stamford-based Sea Trade Holdings<\/a><\/span>.<\/p>\n\n\n\n

The acquisition includes $220m in cash and another $110m to be paid in the form of close to 18.5m in newly issued common shares of the company, at a price of $5.95 per share.<\/p>\n\n\n\n

The vessels, built between 2015 and 2018 in Japan, will deliver during the fourth quarter of 2022, taking Diana Shipping’s fleet to 43.<\/p>\n","protected":false},"excerpt":{"rendered":"

Diana Shipping has secured a new loan to back the acquisition of nine modern ultramax dry bulk vessels. The New York-listed Greek bulker owner has taken $200m from Nordea Bank which will be directed to partially finance the $330m deal the company struck in August to take over the entire fleet of Stamford-based Sea Trade …<\/p>\n","protected":false},"author":1003,"featured_media":171246,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ml_titleColor":"#000000","_ml_titleFont":"Roboto","_ml_titleFontSize":1.136,"_ml_titleFontWeight":"400","_ml_titleLineHeight":1.3,"_ml_metaColor":"#708090","_ml_metaFont":"Montserrat","_ml_metaFontSize":0.6785,"_ml_metaFontWeight":"400","_ml_metaLineHeight":0.92,"_ml_bodyColor":"#a9a9a9","_ml_bodyFont":"Open Sans","_ml_bodyFontSize":0.85,"_ml_bodyFontWeight":"400","_ml_bodyLineHeight":1.2,"_ml_wooPriceColor":"#666","_ml_wooPriceFont":"Open Sans","_ml_wooPriceFontSize":0.9,"_ml_wooPriceFontWeight":"400","_ml_wooPriceLineHeight":1.27,"_ml_headingColor":"#000","_ml_headingFont":"Merriweather","_ml_headingFontSize":2.02,"_ml_headingFontWeight":"700","_ml_headingLineHeight":1.47,"_mlglobal_userfontcolors":{"headingColorUser":[],"titleColorUser":[],"metaColorUser":[],"bodyColorUser":[],"wooPriceColorUser":[]},"_uag_custom_page_level_css":"","footnotes":""},"categories":[57,70,65],"tags":[119],"yoast_head":"\nDiana Shipping secures $200m loan to fund Sea Trade ultramaxes buy - Splash247<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/splash247.com\/diana-shipping-secures-200m-loan-to-fund-sea-trade-ultramaxes-buy\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Diana Shipping secures $200m loan to fund Sea Trade ultramaxes buy - Splash247\" \/>\n<meta property=\"og:description\" content=\"Diana Shipping has secured a new loan to back the acquisition of nine modern ultramax dry bulk vessels. 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