Brief: C3is Announces Agreement To Acquire One Aframax Oil Tanker

C3is

17/07/2023 14:38

July 17 (Reuters) - C3is Inc  CISS.O :
    * C3IS ANNOUNCES AGREEMENT TO ACQUIRE ONE AFRAMAX OIL
TANKER, AND
ESTIMATED NET ASSET VALUE PREMIUM AT 370% OVER MARKET
CAPITALIZATION
    * C3IS INC - ENTERED INTO AN AGREEMENT TO ACQUIRE FOR $43
MILLION
M/T STEALTH BERANA
    * C3IS- PAYMENT OF 10% OF PURCHASE PRICE HAS BEEN EFFECTED,
WITH
REMAINING BALANCE DUE WITHIN ONE YEAR FOLLOWING VESSEL'S
DELIVERY
    * C3IS INC - VESSEL IS CURRENTLY TRADING IN SPOT MARKET

Source text for Eikon:  ID:nGNX95dMXQ 
Further company coverage:  CISS.O 

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