Six Korean lenders are extending refund guarantees to DSME worth up to $500m.
The cash will help the restructuring Korean shipyard win new orders this year.
TradeWinds reported last week that Greek owner John Angelicoussis is in talks for three firm 318,000-dwt VLCCs at the shipyard.
DSME is targeting new orders of $2bn this year.
The group of banks will also convert 80% of their KRW 700bn ($627m) bond holdings into equity as part of DSME's latest state-backed refinancing.
Maeil
