Finnish owner Containerships has successfully sold a EUR 60m ($70.8m) senior secured bond.
It has a framework in place to up this to EUR 100m, it added.
The new debt matures in November 2021, with a floating coupon of three-months Euribor plus 6.25%.
It will be listed on the Nasdaq Helsinki exchange within 60 days.
Proceeds will refinance its EUR 50.5m