PSHG - Performance Shipping announces $22M loan facility
- Performance Shipping ( NASDAQ: PSHG ) on Thursday announced an ~$22M secured term loan facility to finance up to about 50% of the purchase price of a 2013 built LR2 tanker vessel - M/T Fos Hamilton.
- The announcement follows a commitment letter announced last month .
- A day earlier, Performance Shipping ( PSHG ) said it regained compliance with Nasdaq's minimum bid price rule for continued listing .
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Performance Shipping announces $22M loan facility