Seanergy Maritime Holdings has received extensions on two loan facilities, one of which will mature in less than two weeks.
The Tsantanis Stamatis-led capesize specialist has received lender approval in the form of commitment letter to extend the loans' maturities to 31 December 2022 from 17 March 2020 and 10 November 2021.
"The underlying terms remain substantially the same, while the commitment letters provide, amongst others, that certain financial covenants and restrictions on dividend payments binding the company would no longer apply," the New York-listed company said in a statement.
