Cadeler announced the signing of the previously-announced EUR 550 million Senior Secured Green Loan Facilities with a group of banks led by DNB and supported by Rabobank, Credit Agricole, Danske Bank, Oversea-Chinese Banking Corporation (OCBC), Standard Chartered Bank and SocieteGenerale. The purpose of such facilities is to refinance existing vessels in Cadeler and Eneti Inc. ahead of the contemplated business combination between the two companies, to finance crane upgrades of Cadeler?s two exiting vessels and to fund general corporate and working capital purposes.