Market Overview

Eagle Bulk Shipping Reaches Comprehensive Agreement With Lenders

Eagle Bulk Shipping (Nasdaq: EGLE) today announced that it has reached an agreement with a syndicate of its lenders led by Royal Bank of Scotland plc. This agreement resolves all outstanding issues with the Company's lenders and significantly improves the Company's position amid the ongoing, cyclical downturn in the shipping markets.

Posted-In: News Financing Contracts

 

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