Dutch bank ABN AMRO has provided a loan of US$113 million to Okeanis Eco Tankers Corp, as published on Riviera.
Scrubbing financing
Okeanis Eco Tankers Corp has secured a senior secured credit facility from ABN AMRO, amounting to US$113 million. The loan will be utilized to refinance existing debt related to three tankers: Nissos Keros (VLCC) and Kimolos and Folegandros (Suezmax), all constructed in 2019. Additionally, the facility will enable the prepayment of the company’s scrubber financing. The loan is structured with equal leverage terms, with repayment scheduled on a quarterly basis over a five-year period. Secured by the three tankers, the facility carries an interest rate of 190 basis points above the secured overnight financing rate.
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Source: Riviera
