Croatian owner Atlantska Plovidba has arranged a new loan to refinance two kamsarmax bulkers.
It said the $23.2m facility will pay off debt borrowed for the acquisition of the 79,000-dwt AP Argosy and AP Jadran (built 2012).
The debt was refinanced with an unnamed European lender and will mature at the end of 2023, Atlantska Plovidba said in a filing to the Zagreb Stock Exchange.
