Dated 26 September 2019 ALEGRIA SHIPPING CORPORATION ANDROMEDA SHIPTRADE LIMITED AURORA SHIPPING ENTERPRISES LTD. BERYL SHIPPING CORPORATION CHERYL SHIPPING CORPORATION CHRISTAL SHIPPING CORPORATION HYPERION ENTERPRISES INC. KYMATA SHIPPING CO....Loan Agreement • November 26th, 2019 • Navios Maritime Partners L.P. • Deep sea foreign transportation of freight
The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility of up to US$140,000,000 in one advance in an amount of up to the lesser of (i) US$140,000,000 and (ii) 75 per cent. of the aggregate Initial Market Value of the Ships, for the purpose of partly financing the Initial Market Value of each Ship.
