Bunker Holding: Loan agreement opens up for major acquisitions

“Now we have the opportunity to make acquisitions within relatively large frameworks, when opportunity knocks,” says Group CFO of Bunker Holding, Jesper Klokker Hansen, speaking on the Group’s new loan agreement of 3.7 billion Danish kroner.

Bunker Holdings expanded its loan facilities of 3.7 billion Danish kroner in total, through agreements entered with Deutsche Bank, Danske Bank, Nordea, and Jyske Bank, which run a period of three years.

The main thing is to be ready when the market presents an opportunity, says Group CFO Jesper Klokker Hansen and maintains that the company is not eyeing any specific acquisitions.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Several factors explain the plummeting dry bulk rates

Dry bulk rates have taken an unusual dive at the beginning of 2022. Most recently, the Baltic Dry Index dipped by 4 percent Friday. Several factors have triggered a ”panic in the market,” an analyst explains to ShippingWatch.

Related articles

Latest news

See all jobs