DHT Holdings, Inc. Secures $308.4 Million Senior Secured Credit Facility

SEC Filing 6-K (0000950157-25-000595)

DHT Holdings, Inc. (NYSE:DHT) announced on July 30, 2025, that it has entered into a $308.4 million senior secured credit facility. This financing is intended for the post-delivery funding of four newbuildings currently under construction at Hyundai Samho Heavy Industries and Hanwha Ocean in South Korea, with delivery expected in the first half of 2026. The facility, co-arranged by ING Bank and Nordea Bank Abp, bears interest at a rate equal to SOFR plus a weighted average margin of 1.32%. The maturity date for each vessel is 12 years from the delivery date, with a 20-year repayment profile. President & CEO Svein Moxnes Harfjeld expressed satisfaction with the agreement, highlighting the confidence of banking partners and K-Sure in DHT's long-term strategy. The new VLCCs are expected to enhance the company's service offering to customers.