Oceanis Eco Tankers has agreed on a new $84 million senior secured credit facility from Crédit Agricole corporate and investment bank, to refinance existing indebtedness at improved terms.
The Greek Ioannis A. Alafouzos-led company said the facility is expected to be drawn in two tranches within September 2023.
The proceeds will be used to refinance existing indebtedness under the Suezmax vessels Nissos Sikinos and Nissos Sifnos.
According to the company, the facility will be repaid quarterly, matures in 6 years, is priced at competitive and accretive levels, and will be secured by the two ships.
Two months ago Oceanis Eco Tankers secured $113 million loan with ABN Amro bank to refinance VLCC and suezmaxes.
The company said the proceeds will be used to refinance existing indebtedness under the VLCC vessel Nissos Keros and the Suezmax vessels Kimolos and Folegandros, and prepay the company’s scrubber financing, at equal leverage terms.
In accordance with the latest information, the company´s fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers.
