Star Bulk Announces Signing of $64.5 Million Loan Facility With

Star Bulk Carriers Corp. (NASDAQ: SBLK), today announced that it has entered into a new $64.5 million secured term loan agreement with HSH Nordbank, which has up to a five year term and bears interest at LIBOR plus a margin. The borrowings under this new loan agreement together with $5.3 million in cash were used to repay in full the Company's two existing loan facilities with Piraeus Bank as agent and lender, respectively.