The acquisitions, which have been made individually from separate vendors and developers and include both pre-let forward fundings and built assets, comprise the following long-let and index-linked assets.
All vessels are expected to be delivered to DryShips before the end of 2018 and in connection with the transaction, entities that may be deemed to be beneficially owned by Economou, have also agreed to time charter the three Newcastlemaxes on index-linked time charters of flexible durations, with optionality for DryShips to convert these index-linked time charters to fixed rate charters.
Danish banking company Danske Bank (CPH:DANSKE) announced on Thursday that on 5 October 2018, it will issue USD28,000 in index-linked notes linked to the performance of the S&P 500 index.
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