Globus Maritime Limited Announces Closing of $13.5 Million Loan
December 19 2018 - 4:05PM
Globus Maritime Limited (“Globus” or the “Company”) (NASDAQ: GLBS),
a dry bulk shipping company, has successfully closed the
refinancing of two ships through a long term credit facility with
Macquarie through its global ship financing business. The
loan utilized amounts up to $13.5 million and carries a 5-year
tenor and an interest rate of Libor + 4.25%.
The Chief Executive Officer of Globus Maritime,
Athanasios Feidakis commented:
“We are pleased to be working with Macquarie,
and are looking forward to a long and fruitful cooperation.
“We welcome the emergence of new entrants into
the ship finance landscape and are glad that this was a smooth and
timely loan execution process.”
About Globus Maritime
LimitedGlobus is an integrated dry bulk shipping company
that provides marine transportation services worldwide and
presently owns, operates and manages a fleet of dry bulk vessels
that transport iron ore, coal, grain, steel products, cement,
alumina and other dry bulk cargoes internationally. Globus’s
subsidiaries own and operate 5 vessels with a total carrying
capacity of 300,571 DWT and a weighted average age of 10.6 years as
of September 30, 2018.
Safe Harbor StatementThis
communication contains “forward-looking statements” as defined
under U.S. federal securities laws. Forward-looking statements
provide the Company’s current expectations or forecasts of future
events. Forward-looking statements include statements about the
Company’s expectations, beliefs, plans, objectives, intentions,
assumptions and other statements that are not historical facts or
that are not present facts or conditions. Words or phrases such as
“anticipate,” “believe,” “continue,” “estimate,” “expect,”
“intend,” “may,” “ongoing,” “plan,” “potential,” “predict,”
“project,” “will” or similar words or phrases, or the negatives of
those words or phrases, may identify forward-looking statements,
but the absence of these words does not necessarily mean that a
statement is not forward-looking. Forward-looking statements are
subject to known and unknown risks and uncertainties and are based
on potentially inaccurate assumptions that could cause actual
results to differ materially from those expected or implied by the
forward-looking statements. The Company’s actual results could
differ materially from those anticipated in forward-looking
statements for many reasons specifically as described in the
Company’s filings with the Securities and Exchange Commission.
Accordingly, you should not unduly rely on these forward-looking
statements, which speak only as of the date of this communication.
Globus undertakes no obligation to publicly revise any
forward-looking statement to reflect circumstances or events after
the date of this communication or to reflect the occurrence of
unanticipated events. You should, however, review the factors and
risks Globus describes in the reports it will file from time to
time with the Securities and Exchange Commission after the date of
this communication.
For
further information please contact: |
Globus Maritime
Limited |
+30 210 960 8300 |
Athanasios
Feidakis |
a.g.feidakis@globusmaritime.gr |
Capital Link – New
York |
+1 212 661 7566 |
Nicolas Bornozis |
globus@capitallink.com |
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