Tanker Acquisitions

  • Performance Shipping Inc. Completes $100 Million Bond Offering

    Performance Shipping Inc. successfully raised $100 million through a Nordic bond offering, maturing in 2029 with a 9.875% coupon. The capital will fund tanker acquisitions and potential bond repurchases. The bonds are partially secured by two older company vessels and are expected to list on the Oslo Stock Exchange.

    20 hours ago