DVB Bank is at the head of a consortium offering up a $275m loan to Oslo IPO hopeful Universal Maritime, it emerged this morning.
Norddeutsche Landesbank Girozentrale and UniCredit Bank are the other lenders involved in the five and a half year facility which will help fund the purchase of 10 tankers from Geden Lines.
Details of the loan emerged in Universal’s long-awaited IPO prospectus as it began a potential NOK 1.2bn