US-listed Scorpio Bulkers has fixed up a new bank loan of $30m.
The cash from Dutch lender ING will refinance two kamsarmaxes: the 81,000-dwt SBI Zumba (built 2016) and SBI Parapara (built 2017).
Scorpio said the facility matures over five years.
It bears interest at Libor plus 2.2%.
The deal increases its liquidity by approximately $8m after repayment of the vessels’ existing debt.
