Belships has secured a new USD 116m loan facility. Proceeds from the facility will be used to repay all outstanding amounts under the existing credit facility with two vessels being left unencumbered. The loan has a margin of 225 basis points and a loan-to-value ratio of 55 per cent, with the first...
https://www.hellenicshippingnews.com/belships-asa-new-senior-secured-credit-facility/