Shipowner with Greek roots settles new debt agreements

Costamare, which owns a large fleet of containers, has just settled new credit facilities. The company has now landed debt transactions for more than USD 435 million and has pushed larger installments into the future.

Photo: PR-foto/Rickmers Maritime

Costamare, which has a large fleet of container ships, says it has settled the last parts of a refinancing plan which the company has been working on this year.

The shipowner, with Greek roots, has just signed two credit arrangements for a total of USD 140 million. With the latest agreements, Costamare has thus entered transactions for more than USD 435 million as well as extended debt payments for around USD 240 million.

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