Loan & DebtJun 4, 2026, 06:01 AM

DHT Holdings Secures New $250M Revolving Credit Facility

AI Summary

DHT Holdings, Inc. announced it has entered into a new $250 million reducing revolving credit facility with a seven-year tenor, maturing in June 2033. The facility bears interest at SOFR plus 135 basis points and includes a $250 million uncommitted accordion. This new financing is expected to enhance the company's financial flexibility, extend its debt maturity profile, and optimize its capital structure, according to CEO Svein Moxnes Harfjeld.

Key Highlights

DHT Holdings secured a new $250 million reducing revolving credit facility.
The facility has a seven-year tenor, maturing in June 2033, with a 20-year repayment profile.
Interest is set at SOFR plus a margin of 135 basis points.
It includes an additional $250 million uncommitted accordion.
The facility enhances financial flexibility and extends the company's debt maturity profile.
Nordea Bank Abp arranged the facility with a syndicate of leading shipping banks.

View SEC Filing

DHT

Marine Transportation

DHT Holdings, Inc.

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