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Eneti secures loan of USD 175m

Wind service operator Eneti, the former Scorpio Bulkers, lands a credit facility of USD 175m. The majority will be used to pay off existing debt.

Photo: Seajacks UK

Wind carrier Eneti has secured USD 175m from a number of banks, and the main part of the loans – USD 105.3m – will be put aside to pay off existing debt, states the company in an announcement.

A group of banks has provided Eneti with a credit facility of USD 175.3m, which is a so-called multicurrency credit, but Eneti informs that it will probably draw on the credit in euros.

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