Eagle bulk shipping inc. announces $175 million upsize and extension of its credit facility

Stamford, conn., may 17, 2023 (globe newswire) -- eagle bulk shipping inc. (nyse: egle) (“eagle bulk”, “eagle”, or the “company”), one of the world's largest owner-operators within the midsize drybulk vessel segment, today announced that it has entered into an amended and restated credit agreement which provides for an increased borrowing capacity of $175 million, a reduction in margin, and an extension in maturity by two years.
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