NYSE:DHTOil and Gas
How DHT’s New $250 Million Credit Line and VLCC Order Have Changed Its Investment Story (DHT)
DHT Holdings recently entered into a new US$250,000,000 seven-year reducing revolving credit facility bearing interest at SOFR plus 135 basis points, while also agreeing with Hanwha Ocean to build an advanced Very Large Crude Carrier scheduled for delivery in August 2028.
Together, the extended credit facility and fuel-efficient VLCC order highlight DHT’s focus on balance sheet flexibility and ongoing fleet modernization.
We’ll now examine how this expanded credit facility could influence...