Friede Goldman Halter To Get $100 Million Financing

Friday, April 06, 2001
Friede Goldman Halter announced that it and several of its affiliates have signed a letter of intent with Pegasus Partners II and affiliated entities for Pegasus to loan $100 million in the form of a senior secured note with a three-year maturity. In connection with the proposed transaction, the company will issue Pegasus warrants to purchase the company's common stock.

The recommended transaction is subject to the negotiation and execution of a definitive agreement and the satisfactory completion of due diligence by Pegasus.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

RoRo

Another Mission Needed to Recover El Faro’s VDR

The investigative team who located the El Faro’s voyage data recorder (VDR) has determined that another mission will be necessary in order to retrieve the device,

MacGregor's RoRo Access Systems for Car Carriers in Japan

MacGregor has received orders from two Japanese yards to deliver comprehensive RoRo access equipment packages for four car carriers. The equipment will be delivered during Q3 in 2017.

El Faro’s Voyage Data Recorder Located

The voyage data recorder (VDR) belonging to sunken cargo ship El Faro was found early Tuesday morning in 15,000 feet of water, about 41 miles northeast of Acklins and Crooked Islands,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0637 sec (16 req/sec)