September 13, 2017 / 8:36 PM / 3 months ago

BRIEF-TOP Ships Inc announces time charter and loan agreement

Sept 13 (Reuters) - Top Ships Inc

* TOP Ships Inc Announces time charter and loan agreement

* TOP Ships Inc - ‍Company expects a total gross revenue backlog associated with this time charter of up to $27.5 million including optional periods​

* TOP Ships Inc - ‍Also announced that it has entered into a $23.5m bank loan facility with a European bank for financing of Eco Palm Desert​

* TOP Ships Inc - ‍Charterer has option to extend firm employment period by two additional years​ Source text for Eikon: Further company coverage:

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