In a statement issued Thursday eveningthe Nasdaq-quoted bulker owner said the company and creditors linked to a facilityarranged by the Royal Bank of Scotland in 2012 have until 15 April to agree onthe terms of an overhaul.
According to a securities filing if pendoes not meet paper by the time the deadline elapses Eagle Bulk’s lenders willhave the ability to revoke a freshly minted covenant waiver that won’t expireuntil 30 June if the company can meet certain milestones.
In
