--- title: "Performance Shipping amends Nordea loan facility, cuts margin to 1.6%" type: "News" locale: "en" url: "https://longbridge.com/en/news/292076049.md" description: "Performance Shipping has amended its secured loan facility with Nordea Bank, extending the maturity to four years from the effective date of the supplemental agreement. The borrowing margin was reduced from 2.5% to 1.6%, while the outstanding principal remains unchanged. The facility continues to be secured by a company guarantee." datetime: "2026-07-08T13:27:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292076049.md) - [en](https://longbridge.com/en/news/292076049.md) - [zh-HK](https://longbridge.com/zh-HK/news/292076049.md) generator: "portal-rs" --- # Performance Shipping amends Nordea loan facility, cuts margin to 1.6% - Performance Shipping amended its secured loan facility with Nordea Bank, extending maturity to four years from the supplemental agreement’s effective date. \* The borrowing margin was cut to 1.6% from 2.5%. \* The amendment leaves the outstanding principal unchanged. \* The facility remains secured, backed by a company guarantee. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Performance Shipping Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607080927PRIMZONEFULLFEED9758969) on July 08, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [PSHG.US](https://longbridge.com/en/quote/PSHG.US.md) - [NRDBY.US](https://longbridge.com/en/quote/NRDBY.US.md) ## Related News & Research - [Performance Shipping amends US$150 million bonds to become senior unsecured](https://longbridge.com/en/news/291153596.md) - [Interest Rates, Jobs Data and Other Key Things to Watch this Week](https://longbridge.com/en/news/297432485.md) - [U.S. 1-year, 11-month floating rate notes high margin 0.055%](https://longbridge.com/en/news/297066266.md) - [Piraeus Bank prices EUR 500 million senior preferred bond at 90 bps spread](https://longbridge.com/en/news/297292833.md) - [Hagar prices ISK 1.74 billion floating-rate bond tap at 0.95% spread over 1-month REIBOR](https://longbridge.com/en/news/297218065.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**