Company: ASC
Filing Date: 2025-11-05
Form Type: 6-K
Source: 0001104659-25-106687
Chunk: 24

Company: Ardmore Shipping Corp
Filing Date: 2025-11-05
Form: 6-K
Chunk 24
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 operations for the year ended December 31, 2024.​

#### F-9
Ardmore Shipping Corporation Notes to the Unaudited Interim Condensed Consolidated Financial Statements For the nine months ended September 30, 2025 and September 30, 2024 (Expressed in thousands of U.S. Dollars, except for shares and as otherwise stated)

4. Debt

As of September 30, 2025, the Company had loan facilities (each a revolving credit facility), which it has used primarily to finance vessel acquisitions and also for working capital. The Company’s applicable ship-owning subsidiaries have granted first-priority mortgages against the relevant vessels in favor of the lenders as security for the Company’s obligations under the loan facilities, which totaled vessels as of September 30, 2025. ASC and its subsidiary Ardmore Shipping LLC have provided guarantees in respect of the loan facilities and ASC has granted a guarantee over its trade receivables in respect of its $ million Working Capital Facility (as defined below). These guarantees can be called upon following a payment default. The outstanding principal balances on each loan facility as of September 30, 2025 and December 31, 2024 were as follows:

| ​                                      
 ​                                      
 In thousands of U.S. Dollars           | ​ |                  ​ 
              As of 
 September 30, 2025 | ​ |                 ​ 
 December 31, 2024 |
|:---------------------------------------|:--|-------------------:|:--|------------------:|
| $350 million Revolving Credit Facility | ​ |            110,000 | ​ |                 — |
| Nordea/SEB Revolving Facility          | ​ |                  — | ​ |            37,500 |
| $15 million Working Capital Facility   | ​ |              6,143 |   |             1,296 |
| Total debt                             | ​ |            116,143 |   |            38,796 |
| Non-current portion of long-term debt  | ​ |            116,143 |   |            38,796 |

Future minimum scheduled repayments under the Company’s loan facilities for each year are as follows:

| ​                            
 ​                            
 In thousands of U.S. Dollars 
 2025(1)                      | ​ 
 ​ |                  ​ 
              As of 
 September 30, 2025 
                  — |
|:-----------------------------|:--|-------------------:|
| 2026                         |