DHT Holdings, Inc. announces $308.4 million financing
DHT Holdings (NYSE:DHT) has secured a $308.4 million senior secured credit facility to finance four newbuilding vessels under construction in South Korea. The facility, co-arranged by ING Bank and Nordea Bank Abp, features a SOFR plus 1.32% weighted average margin and a 12-year maturity with a 20-year repayment profile.
The vessels are being built at Hyundai Samho Heavy Industries and Hanwha Ocean, with deliveries scheduled for the first half of 2026. The financing terms align with DHT's existing credit facilities and support the company's fleet renewal and expansion strategy.
DHT Holdings (NYSE:DHT) ha ottenuto una linea di credito senior garantita da 308,4 milioni di dollari per finanziare quattro nuove navi in costruzione in Corea del Sud. La struttura finanziaria, co-organizzata da ING Bank e Nordea Bank Abp, prevede un margine medio ponderato del SOFR più 1,32% e una scadenza di 12 anni con un piano di rimborso di 20 anni.
Le navi sono in costruzione presso Hyundai Samho Heavy Industries e Hanwha Ocean, con consegne previste per la prima metà del 2026. Le condizioni del finanziamento sono in linea con le attuali linee di credito di DHT e supportano la strategia di rinnovo ed espansione della flotta dell'azienda.
DHT Holdings (NYSE:DHT) ha asegurado una facilidad de crédito senior garantizada por 308,4 millones de dólares para financiar cuatro buques nuevos en construcción en Corea del Sur. La facilidad, coorganizada por ING Bank y Nordea Bank Abp, presenta un margen promedio ponderado de SOFR más 1,32% y un plazo de vencimiento de 12 años con un perfil de reembolso de 20 años.
Los buques se están construyendo en Hyundai Samho Heavy Industries y Hanwha Ocean, con entregas programadas para la primera mitad de 2026. Los términos del financiamiento están alineados con las facilidades de crédito existentes de DHT y respaldan la estrategia de renovación y expansión de la flota de la compañía.
DHT Holdings (NYSE:DHT)는 한국에서 건조 중인 신조선 4척의 자금 조달을 위해 3억 840만 달러 규모의 선순위 담보 신용 시설을 확보했습니다. ING 은행과 Nordea Bank Abp가 공동 주선한 이 시설은 SOFR에 1.32% 가중 평균 마진을 적용하며, 12년 만기에 20년 상환 프로파일을 갖추고 있습니다.
선박들은 현대삼호중공업과 한화오션에서 건조 중이며, 2026년 상반기 인도가 예정되어 있습니다. 이번 금융 조건은 DHT의 기존 신용 시설과 일치하며 회사의 선대 갱신 및 확장 전략을 지원합니다.
DHT Holdings (NYSE:DHT) a obtenu une ligne de crédit senior garantie de 308,4 millions de dollars pour financer quatre navires en construction en Corée du Sud. La facilité, co-arrangée par ING Bank et Nordea Bank Abp, offre une marge moyenne pondérée SOFR plus 1,32% et une durée de 12 ans avec un profil de remboursement sur 20 ans.
Les navires sont construits chez Hyundai Samho Heavy Industries et Hanwha Ocean, avec des livraisons prévues pour le premier semestre 2026. Les conditions de financement sont en accord avec les facilités de crédit existantes de DHT et soutiennent la stratégie de renouvellement et d'expansion de la flotte de l'entreprise.
DHT Holdings (NYSE:DHT) hat eine besicherte Senior-Kreditfazilität in Höhe von 308,4 Millionen US-Dollar zur Finanzierung von vier Neubauten in Südkorea gesichert. Die Fazilität, die gemeinsam von der ING Bank und der Nordea Bank Abp arrangiert wurde, bietet eine gewichtete durchschnittliche Marge von SOFR plus 1,32% und eine Laufzeit von 12 Jahren mit einem Rückzahlungsprofil von 20 Jahren.
Die Schiffe werden bei Hyundai Samho Heavy Industries und Hanwha Ocean gebaut, mit Lieferungen geplant für die erste Hälfte des Jahres 2026. Die Finanzierungsbedingungen entsprechen den bestehenden Kreditfazilitäten von DHT und unterstützen die Flottenerneuerungs- und Expansionsstrategie des Unternehmens.
- Secured $308.4 million financing for fleet expansion
- Competitive interest rate with SOFR plus 1.32% margin
- Extended 12-year maturity with favorable 20-year repayment profile
- Addition of four new state-of-the-art VLCCs to enhance service offering
- Increased debt obligation of $308.4 million
- Potential delivery risks for vessels scheduled for 2026
HAMILTON, BERMUDA, July 30, 2025 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announces that it has entered into a
The facility is co-arranged by ING Bank and Nordea Bank Abp, with ING Bank as Coordinator, Facility Agent, Security Agent and ECA Agent. The facility bears interest at a rate equal to SOFR plus a weighted average margin of
President & CEO, Svein Moxnes Harfjeld, stated: “We are pleased to have secured this credit facility, which underscores the confidence our banking partners and K-Sure have in DHT and our long-term strategy. This agreement represents a competitive margin in combination with an extended tenor and aligns with our robust financial foundation while advancing our fleet renewal and expansion. We look forward to the delivery of these large size, state-of-the art VLCCs, which will enhance the service offering to our customers.”
About DHT Holdings, Inc.
DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our wholly owned management companies in Monaco, Norway, Singapore, and India. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our fleet employment with a combination of market exposure and fixed income contracts; our disciplined capital allocation strategy through cash dividends, investments in vessels, debt prepayments and share buybacks; and our transparent corporate structure maintaining a high level of integrity and corporate governance. For further information please visit www.dhtankers.com.
Forward Looking Statements
This press release contains certain forward-looking statements and information relating to the Company that are based on beliefs of the Company’s management as well as assumptions, expectations, projections, intentions and beliefs about future events. When used in this document, words such as “believe,” “intend,” “anticipate,” “estimate,” “project,” “forecast,” “plan,” “potential,” “will,” “may,” “should” and “expect” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. These statements reflect the Company’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements represent the Company’s estimates and assumptions only as of the date of this press release and are not intended to give any assurance as to future results. For a detailed discussion of the risk factors that might cause future results to differ, please refer to the Company’s Annual Report on Form 20-F, filed with the SEC on March 20, 2025.
The Company undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and the Company’s actual results could differ materially from those anticipated in these forward-looking statements.
Contact:
Laila C. Halvorsen, CFO
Phone: +1 441 295 1422 and +47 984 39 935
E-mail: lch@dhtankers.com
FAQ
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