ABN, Nordea and SEB arrange ship finance for Ardmore

Region:

Europe

Jonathan Bell

Editor-in-chief

Dublin-headquartered Ardmore Shipping Corporation (Ardmore) has signed a $172 million credit facility with mandated lead arrangers ABN AMRO, Nordea Bank (Finland), and Skandinaviska Enskilda Banken (SEB), for the purchase of eight newbuild ships. ABN AMRO acted as coordinator on the financing. The financing was signed on 19 March 2014.

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