Diana Shipping Announces Signing And Drawdown Of A $100M Term Loan Facility With DNB Bank ASA And A $22.5M Term Loan Facility With Nordea Bank To Refinance Existing Loan Facilities
Portfolio Pulse from Benzinga Newsdesk
Diana Shipping has signed and drawn down a $100M term loan facility with DNB Bank ASA and a $22.5M term loan facility with Nordea Bank. These loans will be used to refinance existing loan facilities.
June 29, 2023 | 1:32 pm
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Diana Shipping has secured significant funding to refinance its existing loans, which could improve its financial stability.
The news directly pertains to Diana Shipping (DSX) as it has secured a significant amount of funding to refinance its existing loans. This could potentially improve the company's financial stability and reduce interest expenses, which may positively impact its stock price in the short term.
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