DHT Holdings Secures $308.4 Million Financing for New Vessel Construction with ING Bank and Nordea Bank

Reuters
07/31
DHT Holdings Secures $308.4 Million Financing for New Vessel Construction with ING Bank and Nordea Bank

DHT Holdings, Inc. has announced a new $308.4 million senior secured credit facility to finance the post-delivery of its four newbuildings currently under construction in South Korea. Co-arranged by ING Bank and Nordea Bank Abp, with ING Bank serving multiple roles including Coordinator and Facility Agent, the facility offers a competitive interest rate of SOFR plus a weighted average margin of 1.32%. The financing agreement features a 12-year maturity from each vessel's delivery date and aligns with DHT's existing credit terms. President & CEO Svein Moxnes Harfjeld highlighted that the agreement demonstrates the confidence of banking partners and supports the company's fleet renewal and expansion strategy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DHT Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001120484-en) on July 30, 2025, and is solely responsible for the information contained therein.

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