Seanergy Maritime Holdings raised 100 million euros through its bond issue on Euronext Athens as the offering was more than twice subscribed, underwriters said on Tuesday.
The Nasdaq-listed dry bulk shipping company, led by Chairman and Chief Executive Stamatis Tsantanis, said investor demand reached 202.8 million euros, representing 2.03 times the amount offered.
A total of 100,000 unsecured, dematerialised bonds with a nominal value of 1,000 euros each were allocated, raising the targeted 100 million euros.
The yield of the bonds and the annual coupon were set at 4.9%.
Retail investors were allocated 92,000 bonds, or 92% of the issue, while institutional investors received the remaining 8,000 bonds, or 8%.
Seanergy operates a fleet of 19 high-specification dry bulk vessels, comprising 17 Capesize and two Newcastlemax ships equipped with energy-saving technologies.
The company is also carrying out a shipbuilding programme worth about 460 million dollars involving six Capesize and Newcastlemax vessels, with a combined carrying capacity of 3.5 million deadweight tonnes (dwt). The newbuildings will be fitted with exhaust gas cleaning systems, or scrubbers.
Seanergy said its fleet is employed under period charters linked to market indices adding that it maintains a corporate governance framework focused on transparency and environmental, social and
governance (ESG) standards.
Για να εμφανίζονται περισσότερα άρθρα της Ναυτεμπορικής στις αναζητήσεις σας εύκολα και γρήγορα, πρέπει να προσθέσετε το site στις προτιμώμενες πηγές σας. Μπορείτε να το κάνετε πηγαίνοντας εδώ.
