WFW advises DSF on a US$100m term loan facility for Diana Shipping3 May 2023
The proceeds from the new loan facility will refinance other loans with an aggregate outstanding amount of approximately US$87m.
The proceeds from the new loan facility will refinance other loans with an aggregate outstanding amount of approximately US$87m.
The project is the first under OTE’s Digital Transformation pillar, using funds from the National Recovery and Resilience Facility ‘Greece 2.0’, financed by the European Union’s NextGenerationEU programme.
The new promotions bring the total number of partners to 173.
The transaction included a margin adjustment mechanism based on carbon intensity rating as an incentive for the owner to reduce carriers’ carbon emissions.
We are delighted to have advised Cosmote on this major and innovative financing transaction which will support OTE Group in its effort to accomplish its investment plan.