Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
International Seaways, Inc. amended Amendment to Credit Agreement dated May 20, 2022 with Nordea Bank Abp, New York Branch valued at aggregate outstanding term loans $366.3 million; revolving commitments $257.4 million; additional co (effective 2023-03-10).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Nordea Bank Abp, New York Branch
- Value
- aggregate outstanding term loans $366.3 million; revolving commitments $257.4 million; additional co
- Effective
- 2023-03-10
Exact text from the filing
On March 10, 2023, International Seaways, Inc. (the “ Company ”) and certain of its subsidiaries, including International Seaways Operating Corporation (the “ Borrower ”), entered into an amendment (the “ Amendment ”) to that certain credit agreement dated as of May 20, 2022, as amended from time to time, initially comprising $750 million of secured term and revolving debt facilities among the Company, the Borrower, the subsidiary guarantors, Nordea Bank Abp, New York Branch (as administrative agent, collateral agent, security trustee and a lender) and the other lenders thereunder (such agreement, the “ Credit Agreement ”).
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