Brief: Diana Containerships Announces Sale Of Another Post-Panamax Container Vessel

Performance Shipping

21/05/2018 14:39

May 21 (Reuters) - Diana Containerships Inc  DCIX.O :
    * PRESS RELEASE - DIANA CONTAINERSHIPS INC. ANNOUNCES THE
SALE OF
ANOTHER POST-PANAMAX CONTAINER VESSEL, THE M/V PUELO
    * DIANA CONTAINERSHIPS - SIGNED MEMORANDUM OF AGREEMENT TO
SELL TO
UNAFFILIATED THIRD PARTY "PUELO" FOR SALE PRICE OF US$20.5
MILLION BEFORE COMMISSIONS
    * DIANA CONTAINERSHIPS INC - EXPECTS TO USE WHOLE OR PART OF
NET
PROCEEDS FROM SALE OF VESSEL TO PREPAY EXISTING INDEBTEDNESS
    * DIANA CONTAINERSHIPS INC -  EXPECTS TO USE WHOLE OR PART
OF
PROCEEDS TO PREPAY EXISTING INDEBTEDNESS BASED ON OUTSTANDING
AMOUNT OF SUCH INDEBTEDNESS
    * DIANA CONTAINERSHIPS INC - 2006-BUILT VESSEL "PUELO"
DELIVERY TO
BUYER BY LATEST JUNE 30, 2018

Source text for Eikon:  ID:nGNX4Wj3hj 
Further company coverage:  DCIX.O 

 ((Reuters.Briefs@thomsonreuters.com;))