LIMASSOL, Cyprus, April 02, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), (“Toro” or the “Company”), a global energy transportation services provider, today announced the signing of a $60.0 million revolving credit facility (the “Facility”) with a leading European Financial Institution. The Facility has a tenor of five years, bears interest at a rate of Term SOFR plus a margin, and will be secured by, among others, a first priority mortgage over four of the Company’s vessels. The net proceeds from the Facility are expected to be used for general corporate purposes.
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