New York-listed Eagle Bulk Shipping has made its first move in attracting debt financing for some of the seven secondhand bulkers it has acquired since last autumn.
The Gary Vogel-led owner said in a securities filing on Friday that it has agreed with lenders Credit Agricole and Nordea on terms of a revolving credit facility for up to $35m secured by three ultramaxes it acquired from Scorpio Bulkers in late 2020.
