Greece’s Seanergy Maritime Holdings has shed all its junior debt in a deal with a Japanese sale and leaseback financier.
The Nasdaq-listed capesize shipowner said the unnamed “reputable” lender has acquired the 2012-built Partnership (179,000 dwt) in a $21.3m financing.
The vessel has been chartered back to Seanergy for eight years.
VesselValue assesses the ship as worth $31.6m.
The interest rate is the secured overnight financing rate (SOFR) plus 2.9%,