Brief: Okeanis Eco Tankers Says On May 20, Entered Into A New $60.0 Mln Senior Secured Credit Facility To Refinance Company's Existing Facility

Okeanis Eco Tankers

21/05/2024 21:12

May 21 (Reuters) - Okeanis Eco Tankers Corp  7OK.F :
    * ON MAY 20, WE ENTERED INTO A NEW $60.0 MILLION SENIOR
SECURED
CREDIT FACILITY TO REFINANCE COMPANY'S EXISTING FACILITY
    * PRICED AT 140 BASIS POINTS OVER APPLICABLE TERM SOFR,
UNTIL
DECEMBER 2026
    * OKEANIS ECO - ENTERED INTO A SUPPLEMENTAL AGREEMENT TO OUR
SENIOR SECURED CREDIT FACILITY CURRENTLY FINANCING VLCC VESSEL
NISSOS DONOUSSA
    * FACILITY REPAID IN QUARTERLY INSTALMENTS OF APPROX $1.041
MILLION EACH, TOGETHER WITH A BALLOON INSTALLMENT OF APPROX
$35.024 MILLION
    * NO OTHER MATERIAL TERMS OF FACILITY HAVE BEEN SUPPLEMENTED
OR
AMENDED.

Source text for Eikon:  ID:nObidR03Ka 
Further company coverage:  7OK.F 

 ((Reuters.Briefs@thomsonreuters.com;))