Costamare may be looking to purchase more distressedassets after picking up a containership tied to an insolvent German KG (limitedpartnership), according to a leading equity analyst.
OmarNokta of Dahlman Rose says he expects the US-listed Greek will continue topursue transactions that resemble the $11.3m acquisition of the 1,078-teu Stadt Luebeck(built 2001), which will be funded entirely through debt financingbacked by an existing lender.
WhileMichael
