---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-119929"
form_type: "8-K"
ticker: "INSW"
cik: "0001679049"
company_name: "International Seaways, Inc."
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T16:43:04.821712+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# International Seaways repays $17.75M term loan and terminates Macquarie facility

## Summary
- Term loan facility originally $20M, outstanding balance $17.75M, repaid in full and terminated on Nov 17, 2022.
- Facility dated September 30, 2021, with Macquarie Bank Limited as lender; INSW as parent guarantor.
- Terminated in accordance with its terms after full repayment.

## SEC filing metadata
- accession: 0001104659-22-119929
- form_type: 8-K
- ticker: INSW
- cik: 0001679049
- company_name: International Seaways, Inc.
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679049/000110465922119929/0001104659-22-119929-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679049/000110465922119929/tm2230864d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-119929
- JSON: https://secwatch.observer/filing/0001104659-22-119929.json
- Plain text: https://secwatch.observer/filing/0001104659-22-119929.txt

## Key facts
- Material Agreements
  International Seaways, Inc. terminated Term Loan Facility with Macquarie Bank Limited, London Branch valued at $20 million (effective 2022-11-17).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Macquarie Bank Limited, London Branch
  - Value: $20 million
  - Effective: 2022-11-17
  source text: On November 17, 2022, the previously disclosed secured Term Loan Facility dated September 30, 2021 by and among International Seaways, Inc. (as parent guarantor), Seaways Shipping II Corporation, a wholly-owned subsidiary of INSW (as guarantor), and three subsidiaries of Seaways Shipping II Corporation (as joint and several borrowers), for a $20 million term loan facility with Macquarie Bank Limited, London Branch, as lender, arranger, facility agent and security agent , which had an outstanding balance of $17.75 million, was repaid in full and terminated in accordance with its terms.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679049/000110465922119929/0001104659-22-119929-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.