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PSHG — Performance Shipping News Story

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Brief: Performance Shipping Secures Sale And Leaseback Agreement For Third Newbuild LR2 Aframax Tanker

March 6 (Reuters) - Performance Shipping Inc DS2.F:

PERFORMANCE SHIPPING INC. SECURES SALE AND LEASEBACK AGREEMENT FOR THIRD NEWBUILD LR2 AFRAMAX TANKER

PERFORMANCE SHIPPING INC - BAREBOAT FINANCING AMOUNT TOTALS $45 MILLION

PERFORMANCE SHIPPING INC - BALLOON PAYMENT OF $25 MILLION DUE WITH LAST INSTALLMENT

PERFORMANCE SHIPPING INC - BAREBOAT CHARTER INCLUDES 96 MONTHLY INSTALLMENTS AT $6,850 PER DAY PLUS VARIABLE RATE

Source text: ID:nGNX8cM8ND

Further company coverage: DS2.F

 (Reuters.Briefs@thomsonreuters.com)

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