Okeanis gets finance for scrubber retrofits

Jul 05 2019


Okeanis Eco Tankers Corp has agreed a $11 mill secured loan facility from BNP Paribas.

The facility will be used for a scrubber retrofit project and is available immediately.

Okeanis said that it expects to draw on it shortly to partly finance the capital expenditure required to retrofit scrubbers on two Aframax/LR2s and four Suezmaxes.

The loan carries an interest rate over Libor of 2%, a five-year tenor, and a four-year repayment profile beginning one year after drawdown.

 



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