DHT secures $50m in financing for scrubbers

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DHT Holdings has raised $50m in financing for its scrubber retrofit programme.

New York-listed DHT said it had secured a $50m increase in a $300m secured credit facility, with an interest rate of LIBOR +2.4%. All seven banks in the existing facility – Nordea, ABN Amro, Danish Ship Finance, DNB, ING, SEB and Swedbank – participated in the increase.

The increased facility will have quarterly repayments of $2.5m a quarter from Q2 2020.

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