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Seanergy Maritime Holdings Corp Completes Sale Of Three Vessel Owning Subsidiaries In Full Satisfaction Of Underlying Loan


Tuesday, 23 Jul 2013 08:30am EDT 

Seanergy Maritime Holdings Corp. announced that it has closed on its previously announced agreement to sell through its wholly-owned subsidiary, Maritime Capital Shipping Limited ("MCS"), a 100% ownership interest in its three vessel-owning subsidiaries to a nominee of the lender, in exchange for a nominal cash consideration and full satisfaction of the underlying loan and other related liabilities. The three subsidiaries own the Handysize dry bulk carriers M/V Asian Grace, M/V African Glory and M/V African Joy and MCS had provided a guarantee under this facility. 

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21 Jul 2014