MPC Container Ships ASA secures new financing facility, agrees on sale of six vessels and provides update on charter fixtures
Oslo, 20 October 2021 – MPC Container Ships ASA ("MPCC" or the "Company", and together with its subsidiaries, the "Group") is pleased to announce the following measures that will increase the Company’s balance sheet flexibility in order to execute on the Group’s plan to commence returning capital to investors. These changes are consistent with the Company’s guidance in previous quarters: · New bank facility of USD 180 million with HCOB at LIBOR + 335 bps · More than 30 unencumbered vessels post-closing · Sale of six vessels between 1,000 and 1,500 TEU agreed for in total USD 135