Danaos Corp is getting a boost from Seaspan Corp's $1bn loan programme, analysts say.
Seaspan late Wednesday afternoon said it set up a "first of its kind" financing to consolidate 12 credit facilities into an $800m term loan facility and $200m revolver.
The Bing Chen-led owner plans to put $328m into the loans, secured by 36 ships, in five years at Libor plus 2.25%,
