Dorian LPG borrows USD 62.9 million from Citibank and Nordea for vessel delivery financing
Reuters
Yesterday
<a href="https://laohu8.com/S/LPG">Dorian LPG</a> borrows USD 62.9 million from <a href="https://laohu8.com/S/C">Citibank</a> and Nordea for vessel delivery financing
Dorian LPG borrowed USD 62.9 million from Citi, supported by export insurance from K-Sure, and Nordea to finance a vessel delivery payment and related expenses.
The facility includes a USD 20.7 million commercial tranche underwritten by Nordea with a 7-year tenor and a margin of 1.8% over SOFR.
Citi provided a USD 42.2 million tranche guaranteed by K-Sure with a 12-year tenor and a margin of 1% over SOFR.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dorian LPG Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260320545443) on March 20, 2026, and is solely responsible for the information contained therein.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.