Brief: Belships: Amendment Of Term Loan Facility

Belships ASA

03/05/2024 06:08

May 3 (Reuters) - Belships ASA  BELCO.OL :
    * BELSHIPS ASA: AMENDMENT OF TERM LOAN FACILITY
    * HAS AGREED TO AMEND A USD 90M TERM LOAN FACILITY FOR SIX
VESSELS
    * LOAN FACILITY HAS AN INTEREST RATE OF SOFR+195 BPS WHICH
IS 55
BPS LOWER THAN PREVIOUS FACILITY
    * LOAN MATURES IN MAY 2029 AND FIRST INSTALMENT IS DUE IN
2025

Source text for Eikon:  ID:nGNE64t87N 
Further company coverage:  BELCO.OL 

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