Diana Shipping executives ruled out restructuring talks and selling shares Tuesday as they expressed confidence in the company's ability to pay its debt into the middle of next year.
The commentary reiterated a hard stance by the shipowner, which has eschewed the debt restructuring that fellow New York-listed bulker outfits have carried out in the tough market.
Chief financial officer Andreas Michalopoulos told analysts said the Greek company has maintained dialogue with lenders, but the talks have not involved "any kind of restructuring".
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