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Costamare announces pricing of unsecured bonds in landmark Greek offer

Priced at just 2.7% and nearly seven times oversubscribed, the containership owner’s debt issue is likely to spark more shipping bonds on the Athens Exchange

Costamare raised €100m in the first-ever shipping industry senior unsecured bond on the Greek stock market. It said it will use the proceeds to repay debt, for fleet expansion and as working capital

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