Golden Ocean and CMB.TECH announced the signing of a $2,000 million facilities agreement with a bank syndicate comprising a term loan facility of up to $1,250 million and a revolving credit facility (“RCF”) of up to $750 million which will become available following the completion of the planned merger between Golden Ocean and CMB.TECH, expected in Q3 2025. Golden Ocean acts as the borrower and CMB.TECH acts as the parent guarantor.
The term loan facility of $1,250 million is expected to be drawn during the second and the third quarter of 2025.