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DHT Holdings, Inc. — Capital/Financing Update 2016
Nov 4, 2016
31707_ffr_2016-11-04_9a8c7383-1262-4cc3-8517-13375b60cb0f.zip
Capital/Financing Update
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6-K 1 form6k.htm REPORT OF FOREIGN ISSUER Licensed to: Cravath, Swaine & Moore LLP Document created using EDGARfilings PROfile 4.2.0.0 Copyright 1995 - 2016 Summit Financial Printing, LLC. All rights reserved.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule13a-16 or 15d-16 under the Securities Exchange Act of 1934
For the month of August 2016
Commission File Number 001-32640
DHT HOLDINGS, INC.
(Exact name of Registrant as specified in its charter)
Clarendon House 2 Church Street, Hamilton HM 11 Bermuda
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form20-F ☑ Form40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____
Press Release
The press release issued by DHT Holdings, Inc. (the “Company”) on November 1, 2016 related to its results for the third quarter of 2016 and its declaration of a quarterly dividend is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Credit Agreement
On September 26, 2016, DHT Holdings, Inc. (the “Company”) entered into a term loan facility agreement (the “Term Loan Facility”) with Nordea Bank Norge ASA and DNB Bank ASA, as lenders, DHT Leopard Limited (a wholly owned subsidiary of the Company), Chris Tanker Corporation (a wholly owned subsidiary of the Company), Ann Tanker Corporation (a wholly owned subsidiary of the Company), Cathy Tanker Corporation (a wholly owned subsidiary of the Company) and Sophie Tanker Corporation (a wholly owned subsidiary of the Company), as borrowers. The Term Loan Facility amends and restates the October 20, 2015 term loan facility agreement among Nordea Bank Norge ASA, DNB Bank ASA, DHT Leopard Limited and the Company in order to add an additional $40 million tranche that will be used to refinance all amounts outstanding and owing under the April 29, 2013 term loan facility agreement, among the Royal Bank of Scotland plc, DHT Maritime, Inc., Ann Tanker Corporation, Cathy Tanker Corporation, Chris Tanker Corporation, London Tanker Corporation, Newcastle Tanker Corporation and Regal Unity Corporation. Borrowings will bear interest at a rate equal to (i) LIBOR plus 2.25%, for borrowings made by DHT Leopard Limited, and (ii) LIBOR plus 2.75%, for all other borrowings. Borrowings will be secured by customary ship mortgages on the DHT Leopard vessel, DHT Chris vessel, DHT Ann vessel, DHT Cathy vessel and DHT Sophie vessel. The Term Loan Facility is attached hereto as Exhibit 10.1 and is incorporated by reference.
The portion of this Report on Form 6-K under the heading “Credit Agreement” and Exhibit 10.1 hereof are herby incorporated by reference into the Company’s Registration Statement on Form F-3, File No. 333-199697.
Exhibit List
| Exhibit | Description |
|---|---|
| 10.1 | Term Loan Facility, dated as of September 26, 2016, among Nordea Bank Norge ASA, DNB Bank ASA, DHT Leopard Limited, Chris Tanker Corporation, Ann Tanker Corporation, Cathy Tanker Corporation, Sophie Tanker Corporation and DHT Holdings, Inc. |
| 99.1 | Press Release dated November 1, 2016 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| DHT Holdings, Inc. | ||
|---|---|---|
| (Registrant) | ||
| Date: November 4, 2016 | By: | /s/ Eirik Ub ø e |
| Name: Eirik Ub ø e | ||
| Title: Chief Financial Officer |