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In July, management entered right into a mortgage agreement with Citibank for your $100M mortgage in 2 tranches. The 1st tranche of $forty eight.3M was used in July, to replenish the funds Employed in June for the extinguishment in the fantastic quantities underneath the lease agreements with CMBL for the vessels Star Sirius
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I wrote this post myself, and it expresses my own viewpoints. I'm not receiving compensation for it (in addition to from Searching for Alpha). I don't have any business relationship with any business whose stock is talked about in this article.
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