Dryships Agreement with HSH on Waiver Terms

Monday, May 18, 2009

DryShips Inc. (NASDAQ:DRYS) announced that it has reached agreement with HSH Nordbank as agents on waiver terms for $654m of its outstanding debt.

George Economou, Chairman and Chief Executive Officer, said, “This facility covers 23 of our drybulk vessels.”

(www.dryships.com)

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