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 Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

RoRo

RoRo Ship Enters Operation for WWL

Wallenius Wilhelmsen Logistics welcomes into operation the M/V Thermopylae, the first of its new generation of Post Panamax HERO (High Efficiency RoRo) PCTC vessels.

Chief Engineer Sentenced for Pollution Violations

Chief U.S. District Judge Catherine C. Blake sentenced Noly Torato Vidad of the Philippines, the Chief Engineer of the cargo vessel M/V Selene Leader, to eight months in prison,

New Ferry Built for Washington, Oregon

New larger ferry Oscar B will replace the Wahkiakumon on Washington-Oregon route   Construction of the steel-hulled, aluminum superstructure ferry M/V Oscar B

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Repair Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0884 sec (11 req/sec)