Danaos Corporation

NYSE:DAC   3:59:54 PM EDT
69.48
+2.09 (+3.10%)
5:24:43 PM EDT: $70.00 +0.52 (+0.75%)
Mergers / Acquisitions

Danaos Corp Announces Agreement For The Acquisition Of Six 5,466 TEU Eco-Design Wide Beam Container Vessels

Published: 07/14/2021 12:38 GMT
Danaos Corporation (DAC) - Danaos Corporation Announces Agreement for the Acquisition of Six 5,466 Teu Eco-design Wide Beam Container Vessels.
Danaos Corp - Has Entered Into Agreement to Acquire Six 5,466 Teu Container Vessels Built at Hanjin Subic Bay Shipyard En Bloc for $260 Million.
Danaos Corp - Acquisition Will Increase Co's Contracted Revenue by About $71 Million and Co's Contracted EBITDA by About $39 Million in Total.
Danaos Corp - Acquisition Will Be Funded by Cash at Hand.
Danaos Corp - is Evaluating Debt Financing Alternatives to Finance Part of Purchase Price.