Oslo-listed American Shipping Co (AMSC) has maxed out its five-year bond through a $20m tap to boost liquidity.

The additional fundraising was carried out at 101% of the nominal amount.

Atlas Corp taking on Seaspan's $80m bond debt in swap offer
 Read more
Bondholders take over last Polarcus ship and buy Fugro's seismic business
 Read more

The debt carries interest of 7.75%