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International Danaos Containers

Danaos lines up $300m bond issue

The proceeds from notes, combined with a new $815m secured loan and a $135m five-ship sale and lease back deal, will go to refinance most of boxship owner’s debt

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Danaos said the refinancing is intended to provide a ‘more flexible and simplified’ financing structure, and to reduce the drain on cash to service the company’s debt

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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