TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has obtained credit committee approval from a major international financier for the financing, via a sale and leaseback agreement, of up to 80% of the shipbuilding cost of the Suezmax tanker vessel M/T Eco Oceano CA currently under construction at Hyundai Samho Heavy Industries Co., Ltd. in South Korea.

The company had previously announced that it had entered into a non-binding termsheet and disclosed the main terms of the financing while awaiting credit committee approval.

Top Ships Inc. Announces Credit Committee Approval For The Financing Of Its Last Newbuilding Vessel And Fully Funded Status

Description

Company Information

Top Ships Inc. Announces Credit Committee Approval For The Financing Of Its Last Newbuilding Vessel And Fully Funded Status

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Company Information