Kurs & Likviditet
Beskrivning
Land | Grekland |
---|---|
Lista | OB Match |
Sektor | Tjänster |
Industri | Shipping & Offshore |
2023-07-03 06:00:14
ATHENS, GREECE, July 3, 2023 - Okeanis Eco Tankers Corp. (the "Company" or
"OET") (Oslo Børs: OET) today announced the closing of a new $113 million senior
secured credit facility (the "Facility") provided by ABN AMRO BANK N.V., to
refinance existing indebtedness at significantly improved terms, in line with
the Company's strategy towards capital structure optimization. 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. The Facility is repaid quarterly,
matures in 5 years, is priced at 190 basis points above the Secured Overnight
Financing Rate ("SOFR"), and will be secured by the Nissos Keros, the Kimolos
and the Folegandros. The pricing is not further adjusted by the historical
Credit Adjustment Spread ("CAS") of 26 basis points, translating to a US
Libor-based credit spread equivalent of 164 basis points.
Contact:
Iraklis Sbarounis, CFO
Tel: +30 210 480 4200
ir@okeanisecotankers.com
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
About OET
OET is a leading international tanker company providing seaborne transportation
of crude oil and refined products. The Company was incorporated on April 30,
2018 under the laws of the Republic of the Marshall Islands and is listed on
Oslo Børs under the symbol OET. The sailing fleet consists of six modern
scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers.
Forward-Looking Statements
Matters discussed in this release may contain certain forward-looking statements
relating to the business, financial performance and results of the Company
and/or the industry in which it operates, sometimes identified by the words
"believes", "expects", "intends", "anticipates", "forecast" and similar
expressions. The forward-looking statements contained in this release, including
assumptions, opinions and views of the Company or cited from third-party
sources, are solely opinions and forecasts that are subject to risks,
uncertainties and other factors that may cause actual events to differ
materially from any anticipated development. The Company does not provide any
assurance that the assumptions underlying such forward-looking statements are
free from errors, nor does the Company accept any responsibility for the future
accuracy of the opinions expressed in the presentation or the actual occurrence
of the forecast developments. No obligations are assumed to update any
forward-looking statements or to conform to these forward-looking statements to
actual results.
The information, opinions and forward-looking statements contained in this
announcement speak only as at its date and are subject to change without notice.