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10 July
Seanergy secures 100 million euros from the Greek market to fund fleet expansion.
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Generated by AI from the 3 sources below · always verify with the originals
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Seanergy Maritime Holdings Corp. successfully raised 100 million euros through a bond issuance on Euronext Athens, marking its debut in the Greek market. This issuance comprises unsecured bonds that are set to mature in July 2031. The company reported that the offering received strong interest, being more than twice subscribed, which reflects a robust demand from investors.
The capital raised from this bond offering will primarily be allocated towards the expansion of Seanergy's fleet. The bonds are expected to enhance the company's financial flexibility as it seeks to grow within the dry bulk shipping sector. Trading of the bonds is anticipated to commence under the fixed income securities category on Euronext Athens.
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