SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934

For the month of April 2017

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.

Form 20-F ☑   Form 40-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): _____

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Delivery of Two VLCCs under Vessel Acquisition Agreement with BW Group Limited and New Credit Facilities

On April 24, 2017, DHT Holdings, Inc. (the “Company” or “DHT”) announced that it had taken delivery of the DHT Opal and the DHT Raven from BW Group Limited (“BW”), pursuant to the Vessel Acquisition Agreement, dated as of March 23, 2017 (the “Vessel Acquisition Agreement”), between the Company and BW, previously filed as Exhibit 10.1 to the Company’s Current Report on Form 6-K dated March 24, 2017, in exchange for the consideration specified in the Vessel Acquisition Agreement.  DHT has now taken delivery of three of the very large crude carriers (“VLCCs”) the Company agreed to acquire from BW.  A copy of the press release issued by the Company announcing the delivery of the DHT Opal and the DHT Raven is attached as Exhibit 99.1 and incorporated by reference to this report.

DHT funded the cash portion of the consideration for the two VLCC acquisitions, in an aggregate amount equal to $47,204,805.50, by drawing upon the newly established $300 million senior secured term loan facility and revolving credit facility, dated April 20, 2017 (the “Credit Agreement”), for the companies listed in the schedules thereto, as joint and several borrowers, with DHT, as guarantor, arranged by Nordea Bank AB, ABN AMRO Bank and DNB Bank ASA and the financial institutions listed in the schedules thereto, as lenders,  immediately prior to the delivery of the two VLCCs.  Maximum availability under the Credit Agreement is $300 million, which the Company intends to use primarily to finance the acquisitions under the Vessel Acquisition Agreement and for general corporate purposes. Borrowings are expected to bear interest at a rate equal to LIBOR plus 2.40%.  To the extent used to fund a vessel acquisition, borrowings will be secured by customary ship mortgages on the applicable acquired vessels (including the mortgages on the DHT Opal and the DHT Raven).

 

 

 

 

 

 

 

 

EXHIBIT LIST

 

 

 

 

 

 

 

 

 

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:  April 24, 2017	By:	/s/ Eirik Ubøe
		Name:  Eirik Ubøe
		Title:    Chief Financial Officer

 

 

DHT Holdings, Inc. announces delivery of two VLCCs from BW Group

HAMILTON, BERMUDA, April 24, 2017 - DHT Holdings, Inc. (NYSE:DHT) ("DHT") announced that it has today taken delivery of the DHT Opal (formerly BW Opal) and the DHT Raven (formerly BW Lion), the second and third of the VLCCs acquired from BW Group Limited. The remaining six vessels in the water are expected to be delivered during the second quarter 2017. 

About DHT Holdings, Inc.

DHT is an independent crude oil tanker company operating a fleet of crude oil tankers in the VLCC and Aframax segments. We operate through our wholly owned management companies in Oslo, Norway and Singapore.  For further information: www.dhtankers.com.

This press release contains certain forward-looking statements and information relating to the Company that are based on beliefs of the Company's management as well as assumptions, expectations, projections, intentions and beliefs about future events, in particular regarding dividends (including our dividend plans, timing and the amount and growth of any dividends), daily charter rates, vessel utilization, the future number of newbuilding deliveries, oil prices and seasonal fluctuations in vessel supply and demand. When used in this document, words such as "believe," "intend," "anticipate," "estimate," "project," "forecast," "plan," "potential," "will," "may," "should" and "expect" and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements.  These statements reflect the Company's current views with respect to future events and are based on assumptions and subject to risks and uncertainties.  Given these uncertainties, you should not place undue reliance on these forward-looking statements.  These forward-looking statements represent the Company's estimates and assumptions only as of the date of this press release and are not intended to give any assurance as to future results.  For a detailed discussion of the risk factors that might cause future results to differ, please refer to the Company's Annual Report on Form 20-F, filed with the Securities and Exchange Commission on March 23, 2017.

The Company undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law.  In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and the Company's actual results could differ materially from those anticipated in these forward-looking statements.

CONTACTS:

Eirik Ubøe CFO

Phone: +47 41292712

E-mail: eu@dhtankers.com