Okeanis Eco Tankers announced the execution of a new $84 million senior secured credit facility provided by CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, to refinance existing indebtedness at improved terms, in line with the Company’s strategy towards capital structure optimization. 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. The Facility will be repaid quarterly, matures in 6 years, is priced at competitive and accretive levels, and will be secured by the Nissos Sikinos and Nissos Sifnos .
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