Performance Shipping Inc. Announces Successful Placement of $100 Million Bond Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 02 2025
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Source: Globenewswire
Bond Offering Announcement: Performance Shipping Inc. has successfully placed USD 100 million in bonds in the Nordic bond market, with a maturity date of July 2029 and a fixed coupon rate of 9.875% per annum. The proceeds will be used for tanker acquisitions or bond repurchases.
Forward-Looking Statements Caution: The company issued a cautionary statement regarding forward-looking statements, highlighting various uncertainties and factors that could affect future performance, including market conditions, regulatory changes, and geopolitical events.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
