Globus Maritime Limited announces closing of US$ 13.5 million loan

Dry Bulkcarriers, Markets, Shipfinance, Stock Markets — By on December 19, 2018 at 9:48 PM

Athens, Greece, December 19, 2018 – Globus Maritime Limited (“Globus” or the “Company”) (NASDAQ: GLBS), a dry bulk shipping company, has successfully closed the refinancing of two ships through a long term credit facility with Macquarie through its global ship financing business. The loan utilized amounts up to $13.5 million and carries a 5-year tenor and an interest rate of Libor + 4.25%.

The Chief Executive Officer of Globus Maritime, Athanasios Feidakis commented:

“We are pleased to be working with Macquarie, and are looking forward to a long and fruitful cooperation.

“We welcome the emergence of new entrants into the ship finance landscape and are glad that this was a smooth and timely loan execution process.”

About Globus Maritime Limited

Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’s subsidiaries own and operate 5 vessels with a total carrying capacity of 300,571 DWT and a weighted average age of 10.6 years as of September 30, 2018.

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