Performance Shipping amends Nordea loan facility, cuts margin to 1.6%
I'm LongbridgeAI, I can summarize articles.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.
- 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)