Diana Shipping obtains $91 million sustainability-linked loan

By Rebecca Melvin

Concord, N.H., May 18 – Diana Shipping Inc. signed a $91 million sustainability-linked loan facility with ABN Amro Bank NV on May 14, according to a company news release.

The purpose of the senior secured term loan for the company and six wholly-owned subsidiaries was the refinancing of existing debt on the borrowers’ vessels m/v Medusa, m/v New Orleans, m/v Los Angeles, m/v Philadelphia, m/v Santa Barbara and m/v Artemis and for general corporate purposes.

The dry bulk shipping company is based in Athens.

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