Company: DSX-PB
Filing Date: 2025-09-15
Form Type: 6-K
Source: 0001562762-25-000232
Chunk: 37

Company: DIANA SHIPPING INC.
Filing Date: 2025-09-15
Form: 6-K
Chunk 37
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indebtedness, aswell asminimum requirementsregarding hull cover ratio and minimum liquidity per vessel owned by the borrowers, or the Guarantor,maintained in the bank accounts of the borrowers, or the Guarantor. AsofJune30,2025andDecember31,2024minimumcashdeposits requiredtobemaintainedatall timesundertheCompany’sloanfacilities,amountedto$ 18,500 and$ 19,000 ,respectivelyandare included inrestricted cash,non-current inthe accompanyingconsolidated balancesheets. Furthermore, the secured term loanscontain cross default provisions andadditionally the Company isnot permitted to payanydividendsfollowingtheoccurrenceofaneventofdefault.AlloftheCompany’ssecuredterm loans bear interest at SOFR plus a margin. As of June 30, 2025, the Company had the following agreements with banks, either as a borrower or as a guarantor, to guarantee the loans of its subsidiaries: NordeaBankAB,LondonBranch(“Nordea”): OnJuly25,2024,theCompanyenteredintoa

DIANA SHIPPING INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

June 30, 2025

(Expressed in thousands of U.S. Dollars – except share, per share

data, unless otherwise stated)

F-13

$ 167,263 loanagreement,drawnonJuly25,2024,torefinancethebalanceofthethenoutstanding loans. The loan is repayable in equal quarterly instalments of $ 4,454 and a balloon instalment of $ 64,827 payable on July 25, 2030 . Export-Import Bank of China: On January 4,2017, the Company drewdown $ 57,240 under a secured loanagreement,whichisrepayableinequalquarterlyinstalmentsof$ 954 ,each,untilitsmaturityon January 4, 2032 . DNB BankASA orDNB: On June26, 2023, theCompany entered intoa $ 100,000 sustainability linked loan agreement which was drawn on June 27, 2023, to refinance the outstanding balance of another loan andforworkingcapitalpurposes.Theloanisrepayableinequalquarterlyinstalmentsof$ 3,846 until December 27, 2029 . The loan is subject to a margin resetand unless the parties agree