Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
GENCO SHIPPING & TRADING LTD amended revolving credit of $600 million revolving credit facility by $80 million for total borrowing capacity of $680 million with Nordea Bank Abp, New York Branch as Administrative Agent and Collateral Agent and Nordea Bank Apb, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, and First-Citizens Bank & Trust Company.
- Instrument
- revolving credit
- Principal
- $600 million revolving credit facility by $80 million for total borrowing capacity of $680 million
- Counterparty
- Nordea Bank Abp, New York Branch as Administrative Agent and Collateral Agent and Nordea Bank Apb, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, and First-Citizens Bank & Trust Company
- Event
- amendment
Exact text from the filing
On February 27, 2026, Genco Shipping & Trading Limited (the “Company”) and certain of its vessel-owning and other subsidiaries acting as guarantors entered into a Sixth Amendment to Credit Agreement (the “Amendment”) with Nordea Bank Abp, New York Branch as Administrative Agent and Collateral Agent and Nordea Bank Apb, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, and First-Citizens Bank & Trust Company as participating and consenting lenders to amend and upsize its $600 million revolving credit facility by $80 million for total borrowing capacity of $680 million through the existing accordion feature of the facility.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 1.0
GENCO SHIPPING & TRADING LTD amended Sixth Amendment to Credit Agreement with Nordea Bank Abp, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, and First-Citizens Bank & Trust Company valued at Upsize of $600 million revolving credit facility by $80 million for total borrowing capacity of $680 (effective 2026-02-27).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Nordea Bank Abp, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, and First-Citizens Bank & Trust Company
- Value
- Upsize of $600 million revolving credit facility by $80 million for total borrowing capacity of $680
- Effective
- 2026-02-27
Exact text from the filing
On February 27, 2026, Genco Shipping & Trading Limited (the “Company”) and certain of its vessel-owning and other subsidiaries acting as guarantors entered into a Sixth Amendment to Credit Agreement (the “Amendment”) with Nordea Bank Abp, New York Branch as Administrative Agent and Collateral Agent and Nordea Bank Apb, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, and First-Citizens Bank & Trust Company as participating and consenting lenders to amend and upsize its $600 million revolving credit facility by $80 million for total borrowing capacity of $680 million through the existing accordion feature of the facility.
View on SEC.gov