Toro Corp. Announces Full Repayment of the Senior Term Loan Granted to Castor Maritime Inc.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2025
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Source: Newsfilter
Loan Repayment Announcement: Toro Corp. has announced the full repayment of a senior term loan facility granted to Castor Maritime Inc. on May 5, 2025.
Company Overview: Toro Corp. is an international energy transportation services company that operates a fleet of four LPG carriers and is listed on the Nasdaq Capital Market under the symbol "TORO".
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About TORO
Toro Corp. is an energy transportation services provider, operating a modern fleet of oceangoing vessels. The Company owns two LPG carrier vessels, which include Dream Vermax and Dream Arrax; and one Medium Range (MR) tanker vessel that transports petrochemical gases and refined petroleum products worldwide.
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.
