A refinancing of DryShips’ $700m in convertible notes due on 1 December will come to pass despite the failure of a recent bond issue, chief executive George Economou vows.
“Yes, certainly it will get done,” Economou told TradeWinds.
“We have various options. I don’t want to discuss them. But we have to look at various options to bridge this gap.”
Economou confirmed that one option under consideration is an injection of his personal funds but he made clear that no one was forcing his hand.
“I
