The loan commitment in the amount of USD 11 million was agreed with BNP Paribas.
The funds are available immediately, and the company expects to draw on it shortly to partly finance the capital expenditure required to retrofit scrubbers on six of its vessels, including two Aframax/LR2 tankers, as well as four Suezmaxes.
Okeanis Eco Tankers informed that the facility carries an interest rate over Libor of 2.00%, a 5-year tenor, and a 4-year repayment profile beginning one year after drawdown.