ABN AMRO Bank secures $50M Credit Facility with Star Bulk Carriers
Deal News | Jul 18, 2025 | Stephenson Harwood LLP
Stephenson Harwood LLP has provided legal counsel to ABN AMRO Bank N.V. in the structuring of a US$50 million secured revolving credit facility. The facility is to be used by a subsidiary of Star Bulk Carriers Corp., a major player in the dry bulk shipping industry. This strategic financial agreement enhances Star Bulk Carriers' fiscal capabilities, allowing them potential capital utilization for expansion or operational purposes. The involvement of a prominent legal firm like Stephenson Harwood underscores the significance and complexity of the deal, indicative of Star Bulk Carriers' strategic financial maneuvers in the global shipping sector.
Sectors
- Financial Services
- Legal Services
- Shipping and Transportation
Geography
- Netherlands – ABN AMRO Bank is headquartered in the Netherlands.
- Global – Star Bulk Carriers is a globally operating shipping company.
Industry
- Financial Services – ABN AMRO Bank is part of this sector, providing a secured revolving credit facility.
- Legal Services – Stephenson Harwood's role as legal advisor falls under this industry.
- Shipping and Transportation – Star Bulk Carriers Corp. operates within the dry bulk shipping sector.
Financials
- US$50 million – The amount secured as a revolving credit facility for Star Bulk Carriers.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ABN AMRO Bank N.V. | Lender | Company | A Dutch bank providing the credit facility. |
| Star Bulk Carriers Corp. | Borrower | Company | A major international shipping company dealing in dry bulk cargo. |
| Stephenson Harwood LLP | Legal Advisor | Company | The law firm advising ABN AMRO Bank on the credit facility. |