Golden Ocean Group Limited has announced a significant refinancing agreement with CMB.TECH, involving a loan facility of $2 billion to address its outstanding debt. The agreement, signed with a bank syndicate, comprises a term loan facility of up to $1,250 million and a revolving credit facility of up to $750 million. These facilities are set to become available following the anticipated merger between Golden Ocean and CMB.TECH, expected to conclude in the third quarter of 2025. Golden Ocean will serve as the borrower, with CMB.TECH acting as the parent guarantor. The term loan is slated for drawdown during the second and third quarters of 2025. For further inquiries, individuals can contact Peder Simonsen, CEO, or Randi Navdal Bekkelund, CFO, of Golden Ocean Management AS.