Skip to main content

Amendments approved at Eagle Bulk bondholders meeting

Published by , Assistant Editor
Dry Bulk,


Yesterday, holders of Eagle Bulk Shipping Inc’s (Eagle Bulk) US$200 million in aggregate principal amount of 8.250% Senior Secured Bonds due in November 2022 (the Bonds) issued by the company’s wholly-owned subsidiary Eagle Bulk Shipco LLC (ShipCo) met at 13:00 hours CET, and approved amendments to the bond terms as proposed in the summons dated 23 October 2018.

Of the bondholders represented at the meeting, at which a quorum was present, 85.36% voted in favour of the amendments, which was a qualified majority.

Read the article online at: https://www.drybulkmagazine.com/shipping/07112018/eagle-bulk-bondholders-meeting-approves-amendments/

You might also like

Golden Ocean announces merger with CMB.Tech

The Term Sheet has been unanimously approved by Golden Ocean’s Board of Directors, including its special transaction committee composed of disinterested directors, and by CMB.TECH’s Supervisory Board.

 
 

Embed article link: (copy the HTML code below):