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Okeanis Eco Tankers secures $190M in new loans to fund vessel acquisitions and refinance debt.

Company Fundamentals
04 May 2026
Na
View Source
Bullish
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Okeanis Eco Tankers Corp. has arranged three new loan facilities totaling $190 million to finance two new Suezmax vessels under construction and to repurchase two vessels from sale and leaseback agreements. The loans, provided by a syndicate led by E.SUN Commercial Bank and two prominent Greek banks, feature competitive interest rates and extended maturities, reflecting the company's improved capital structure. These financings complete the funding for recent acquisitions and transition the company away from legacy sale and leaseback deals, enhancing dividend capacity and reducing interest costs. The transactions are expected to close between May and June 2026, positioning Okeanis for continued growth with a stronger financial foundation.

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