StockWatch
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Marine Transportation
Loan & DebtJul 8, 2026, 04:48 PM

Seanergy Maritime Prices €100M Unsecured Bond on Euronext Athens

AI Summary

Seanergy Maritime Holdings Corp. announced the pricing of a €100 million unsecured corporate bond offering in Greece. The bonds, which mature in July 2031 and carry a 4.90% annual coupon, will be admitted to trading on Euronext Athens. The company plans to use the proceeds to finance newbuilding and/or second-hand vessel acquisitions, as well as for general corporate and working capital purposes. CEO Stamatis Tsantanis highlighted the offering as an important milestone that diversifies the capital structure and supports fleet growth.

Key Highlights

  • Seanergy Maritime priced a €100 million unsecured corporate bond offering.
  • The bonds will trade on the Fixed Income Securities Segment of Euronext Athens.
  • The bonds mature in July 2031 and carry a coupon of 4.90% per annum, payable semi-annually.
  • Proceeds will finance newbuilding and/or second-hand vessel acquisitions, and general corporate purposes.
  • Estimated offering expenses are approximately €4.4 million.
  • The offering diversifies the company's capital structure and supports fleet growth strategy.