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IWS secures green loan from Nordics banks.
- Source :
- Trade Finance; 7/24/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- The credit line, which will be managed by the subsidiary IWS Fleet and is an amendment to a pre-existing €56.25 million loan, was provided by: Export Finance Norway (Eksfin) - €82.55 million, final maturity in 2035 Skandinaviska Enskilda Banken (SEB) and SpareBank 1 SR-Bank (SR-Bank) - €36.1 million, final maturity in Q1 2028 SEB and SR-Bank have provided bank guarantees of €28 million for Eksfin's tranche. Norwegian shipping company Integrated Wind Solutions (IWS) has secured a €118.65 million ($129.42m) green senior loan to expand its fleet. [Extracted from the article]
- Subjects :
- LOANS
EXPORT financing
LINES of credit
Subjects
Details
- Language :
- English
- ISSN :
- 14648873
- Database :
- Complementary Index
- Journal :
- Trade Finance
- Publication Type :
- Periodical
- Accession number :
- 166108119