Company: ASC
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0001558370-25-009775
Chunk: 25

Company: Ardmore Shipping Corp
Filing Date: 2025-07-30
Form: 6-K
Chunk 25
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 |   |        25,000 |

(1) Six-month period ending December 31, 2025

Nordea / SEB Revolving Facility

On August 5, 2022, of ASC’s subsidiaries entered into a $ million sustainability-linked revolving credit facility with Nordea Bank AB (publ) (“Nordea”) and Skandinaviska Enskilda Banken AB (publ) (“SEB”) (the “Nordea / SEB Revolving Facility”), the proceeds of which were used to refinance vessels, including vessels financed under lease arrangements. Interest is calculated at a rate of SOFR plus %. The revolving facility may be drawn down or repaid with five days’ notice. The revolving credit facility matures in June 2027. As of June 30, 2025, $ million of the revolving credit facility was drawn down with $ million undrawn.

F-10

Ardmore Shipping Corporation Notes to the Unaudited Interim Condensed Consolidated Financial Statements For the six months ended June 30, 2025 and June 30, 2024 (Expressed in thousands of U.S. Dollars, except for shares and as otherwise stated)

4. Debt (continued)

ABN/CACIB Revolving Credit Facility

On August 5, 2022, of ASC’s subsidiaries entered into a $ million sustainability-linked long-term loan facility with ABN AMRO Bank N.V (“ABN AMRO”) and Credit Agricole Corporate and Investment Bank (“CACIB”) (the “ABN/CACIB Joint Bank Facility”), the proceeds of which were used to finance vessels, including vessels financed under lease arrangements. Interest is calculated at SOFR plus %. Principal repayments on the term loans are made on a quarterly basis, with a balloon payment payable with the final installment. On June 15, 2023, the credit facility was amended to convert % of the outstanding balance under the facility into a revolving credit facility with the remaining % of the outstanding balance, or $ million, continuing as a term loan facility. On March 14, 2024, the credit facility was further amended to convert the entire term loan outstanding balance under the facility into the revolving credit facility. The revolving credit facility matures in August 2027. As of June 30, 2025, $ million of the revolving credit facility was drawn down with $ million undrawn.

ABN AMRO Revolving Facility

On August 9, 2022, the Company entered into a