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65% Leverage on Newbuild Tankers – DryShips Taps the Syndicated Loan Market
On Wednesday, DryShips Inc. announced that they entered into a $141 million syndicated secured term loan facility with Korea Eximbank and ABN AMRO Bank to partially finance the construction costs of two Aframaxes, Belmar and Calida and two Suezmaxes, Lipari and Petalidi.
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Written by: marinemoney | Categories: Freshly Minted, The Week in Review | October 27th, 2011 |
Tags: · ABN Amro Bank, DryShips Inc., Korea Eximbank, Martin Korsvold, Pareto
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