Hermitage Offshore has won a new $132m credit facility from its core lenders after top shareholder Scorpio Services Holding agreed to purchase $15m in new equity, finance sources tell TradeWinds.
The new pact with lenders DNB and SEB will refinance the offshore vessel owner’s existing credit facility with the banks. The loan is to mature in December 2023.
Hermitage and Scorpio officials could not immediately be reached for comment on the agreement.
