Danaos Corporation Announces Bank Restructuring, New Debt Financing and Sale of $200 Million of New Common Stock
ATHENS, GREECE--(Marketwire - August 9, 2010) - Danaos Corporation ( NYSE : DAC ), a leading international owner of containerships, announced today that it received written commitments from all 14 of its bank lenders agreeing to the terms of Danaos' previously announced arrangement with its lenders to modify its existing debt obligations and provide new credit facilities. Under the agreed terms ...
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