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BRIEF-Eagle Bulk Shipping Says ‍unit received $65 mln loan commitment for a senior secured credit facility
November 16, 2017 / 1:59 PM / in a month

BRIEF-Eagle Bulk Shipping Says ‍unit received $65 mln loan commitment for a senior secured credit facility

Nov 16 (Reuters) - Eagle Bulk Shipping Inc-

* Eagle Bulk Shipping Inc. announces the pricing of USD 200 million in senior bonds and the arrangement of a USD 65 million credit facility

* Eagle Bulk Shipping Inc - unit ‍has priced $200 million in senior secured bonds which will carry a coupon of 8.25% and be due in November 2022​

* Eagle Bulk Shipping Inc- ‍unit received loan commitment from certain existing lenders in amount of $65 million for a senior secured credit facility

* Eagle Bulk Shipping Inc - ‍loan will bear an interest rate of Libor plus 3.50% and have a maturity date of November 2022​ Source text for Eikon: Further company coverage:

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