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BRIEF-Top Ships agrees to enter into a $12.5 million note purchase agreement
November 10, 2017 / 2:50 PM / a month ago

BRIEF-Top Ships agrees to enter into a $12.5 million note purchase agreement

Nov 10 (Reuters) - Top Ships Inc

* Says ‍agrees to enter into a $12.5 million note purchase agreement with option for additional $5 million​

* Says ‍notes will have a 2-year term​

* Says ‍notes to bear interest at 2% per annum for first 90 days, 10% per annum for next 90 days, and 15% per annum for remaining duration of term​ Source text for Eikon: Further company coverage:

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