Company: DSX-PB
Filing Date: 2025-09-15
Form Type: 6-K
Source: 0001562762-25-000232
Chunk: 38

Company: DIANA SHIPPING INC.
Filing Date: 2025-09-15
Form: 6-K
Chunk 38
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 on a new margin, the loan willbe mandatorily repayableon June 27,2027. OnJuly 6, 2023,the Company enteredinto an interest rate swap with DNB for a notional amount for the 30 % of the loan amount. Under the interest rate swap,theCompanypaysafixedrateandreceivesfloatingundertermSOFR.Theswaphasa termination dateon December27, 2029,and amandatory breakon June27, 2027,according towhich the swapwill beterminated ifthe loanis prepaid.As ofJune 30,2025 andDecember 31,2024, thefair value ofthe interestrate swapwas $ 391 and $ 165 , respectively,and isseparately presentedin current andnon-currentliabilities.DuringthesixmonthsendedJune30,2025and2024,theCompany recognized a loss of $ 227 and a gain of $ 361 , respectively, from the swap valuation separately presented as gain/(loss)on derivativeinstruments inthe accompanyingunaudited interimconsolidated statements of income. Danish ShipFinance A/Sor Danish: On April12,2023, theCompany signeda termloan facilitywith Danish,for$ 100,000 torefinancetheoutstandingbalanceofloanswithotherbanksandforworking capital.OnApril18and19,2023,theCompanydrewdown$ 100,000 whichwasrepayableinequal quarterly instalmentsof $ 3,301 each anda balloonof $ 33,972 payable togetherwith thelast instalment onApril19,2028. OnOctober18,2024, theCompany refinancedtheoutstanding balanceofthisloan withaloanwhichisrepayableinequalquarterlyinstalments of$ 2,533 eachandaballoonof$ 14,323 payable together with the last instalment on April 18, 2031 . AsofJune30,2025andDecember31,2024,theCompanywasincompliancewithallofitsloan covenants. As ofJune 30,2025, thematurities ofthe Company’sbond anddebt facilitiesthroughout theirterm, are shown in the table below and do not include related debt issuancecosts. Period Principal Repayment Year 1 $ 47,150 Year 2 47,149 Year 3 47,149 Year 4 47,149 Year 5 214,457 Year