Seanergy Maritime (SHIP) said late Wednesday it has priced a 100 million euros ($114.2 million) offering of 4.90% unsecured bonds due July 2031 at par of principal value to investors in Greece.
Settlement is expected on July 10, with trading set to start on July 13 on Euronext Athens, the company said.
The firm said it plans to use the proceeds for newbuilding of vessels, and/or buying second-hand vessel, as well as for general corporate and working capital purposes.