Diana Containerships to pay $85.0 to settle with RBSStaff Writer | July 6, 2017
Diana Containerships announced that it has paid an aggregate of $85.0 million for full and final settlement of its $148.0 million secured loan facility with The Royal Bank of Scotland (RBS), entered into on September 10, 2015, which had an outstanding balance of $128.9 million as of June 30, 2017.
Shipping An outstanding balance of $128.9 million
The Company has refinanced its existing unsecured loan facility with Diana Shipping Inc., entered into on May 20, 2013, having an outstanding balance of $42.6 million as of June 30, 2017.
The principal amount of the new secured loan of $82.6 million with Diana Shipping Inc. includes the existing loan and the new loan used to refinance the Company's RBS loan. ■