Brief: Genco Shipping & Trading Ltd Says Co And Certain Units Entered Into A Fourth Amendment To Credit Agreement On Nov 29

Genco Shipping & Trading

04/12/2023 12:49

Dec 4 (Reuters) - Genco Shipping & Trading Ltd  GNK.N :
    * GENCO SHIPPING & TRADING LTD - ON NOVEMBER 29 CO AND
CERTAIN
UNITS ENTERED INTO A FOURTH AMENDMENT TO CREDIT AGREEMENT
    * GENCO SHIPPING & TRADING LTD - AMENDED STRUCTURE CONSISTS
OF A
$500 MILLION REVOLVING CREDIT FACILITY
    * GENCO SHIPPING & TRADING LTD: MATURITY DATE OF CREDIT
FACILITY
HAS BEEN EXTENDED FROM AUG 2026 TO NOV 2028
    * GENCO SHIPPING & TRADING LTD - MAXIMUM LOAN CAPACITY HAS
BEEN
INCREASED TO $500 MILLION FROM $344 MILLION PREVIOUSLY UNDER
$450 MILLION CREDIT FACILITY

Source text for Eikon:  ID: 
Further company coverage:  GNK.N 

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