Okeanis Eco Tankers Corp. announces usd 11 million scrubber fiancing

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Okeanis Eco Tankers Corp. (OAX:OET) (the “Company”) announces that it has secured commitment to a usd 11 million secured loan facility (the “Facility”) for its scrubber retrofit project from BNP Paribas. The Facility carries an interest rate over Libor of 2.00%, a 5-year tenor, and a 4-year repayment profile beginning one year after drawdown.

The Facility is available immediately, and the Company expects to draw on it shortly to partly finance the capital expenditure required to retrofit scrubbers on six of its vessels (two Aframax/LR2s and four Suezmaxes).