Nordea has emerged as the bank at the head of New York-listed Genco Shipping & Trading's new $450m credit facility, leading a line-up that is missing some past Genco lenders while adding new ones.

Genco announced the refinancing with its second-quarter earnings recently, but did not identify the banks extending credit. However, the names have emerged in Genco's quarterly report to US securities regulators.

The financing is divided into a $150m term loan and a $300m revolving credit instrument.