Greece’s Pyxis Tankers has shaved a considerable amount off its debt costs through a new loan with Piraeus Bank.
The Nasdaq-listed tanker owner said it has agreed to a $15.5m facility with the domestic lender over five years.
The cash will refinance the existing debt secured by the 47,000-dwt MR tanker Pyxis Karteria (built 2013), and will also be used for other corporate purposes.
