Fearnley: OSG breaches conditions for Danish Shipfinance loan

Overseas Shipholding Group (OSG) has breached the covenants of a $550 million loan, which Danish Shipfinance and China Export-Import has given the company, estimates Fearnley Securities.

The analysts at Fearnley Securities believe that Overseas Shipping Group (OSG) has breached the conditions of a loan agreement of $550 million dollars with Danish Shipfinance and China Export-Import Bank.

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