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Eagle Bulk Shipping Inc. Announces Dividend Policy, Share Repurchase Program and a USD 400 million Refinancing - Vimarsana News

Eagle Bulk Shipping Inc. Announces Dividend Policy, Share Repurchase Program and a USD 400 million Refinancing

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, announced today that the Company has instituted a dividend policy and a USD 50 million share repurchase program in conjunction with the closing of a USD 400 million comprehensive refinancing (the “Refinancing”). Under the dividend policy, the Board ...

KiwiRail gets world-first green loan certification for new ferries - Vimarsana News

KiwiRail gets world-first green loan certification for new ferries

KiwiRail’s $350m loan facility to finance the purchase of two new Interislander ferries has become the first shipping loan in the world to be certified by the Climate Bond Initiative

UKEF backs landmark £430 million green transition loan for Wood Plc - Vimarsana News

UKEF backs landmark £430 million green transition loan for Wood Plc

First ever green transition loan backed by UK Export Finance (UKEF) helps Wood continue to transition to capitalise on opportunities linked to clean...

United Bank For Africa Sues Energy Firm, Polaris Bank Over N2.8 Billion - Vimarsana News

United Bank For Africa Sues Energy Firm, Polaris Bank Over N2.8 Billion

The court adjourned till July 13, for hearing of the motion on notice. by SaharaReporters, New York Jul 08, 2021 A Federal High Court sitting in Lagos has restrained Integrated Energy Distribution and Marketing Company Ltd and Polaris Bank from tampering, howsoever, with funds standing to their credit up to $6,759,000 (about N2.8 billion) or its equivalent in any currency in 25 banks, the Debt Management Office and Federal Ministry of Finance. Justice Daniel Osiaigor, who made the interim order of Mareva Injunction, held that it subsists pending the hearing and determination of a motion on no...

Vestas signs new EUR 2,000 million sustainability-linked revolving credit facility - Vimarsana News

Vestas signs new EUR 2,000 million sustainability-linked revolving credit facility

Aarhus, 29 April 2021 Vestas has signed a EUR 2,000 million revolving multi-currency credit facility with a group of leading banks. The facility's margin will be closely linked to Vestas' sustainability KPIs, and will support Vestas' ambitions to accelerate the deployment of renewable energy, and drive technological innovation. The facility, which is available for general corporate purposes, including guarantees issuance in relation with wind power projects, carries a five-year tenor with two one-year extension options, replacing Vestas' undrawn EUR 1,150 million revolving credit facility sig...