Capital Link Shipping Weekly Market Report, Monday 9th January 2017, Week 02
DryShips Announces Closing of $200.0 Million New Sifnos Revolving Facility
DryShips Inc. (NASDAQ:DRYS), an international owner of drybulk carriers and offshore support vessels, announced that, it has signed definitive documentation with Sifnos Shareholders Inc. (“Sifnos”), an entity controlled by our Founder and Chairman Mr. Economou, for the previously announced refinancing of the majority of its outstanding debt under the new senior secured revolving facility (“New Revolver”).
Costamare Inc. Declares Quarterly Dividend On Its Preferred And Common Stock
Costamare Inc. (NYSE: CMRE) has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (the “Series B Preferred Stock”) (NYSE: CMRE PR B), US $0.531250 per share on its 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock (the “Series C Preferred Stock”) (NYSE: CMRE PR C) and US $0.546875 per share on its 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) (NYSE: CMRE PR D). The dividend for the Series B Preferred Stock, the Series C Preferred Stock and the Series D Preferred Stock is for the period from October 15, 2016, to January 14, 2017. The dividends will be paid on January 17, 2017 to all holders of record as of January 13, 2017 of Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock.