First Citizens Bank has announced a $26 million financing agreement with Euroseas Ltd. (NASDAQ: ESEA) to support the addition of a newly built 2,800 TEU eco-efficient containership to its growing fleet.
Key DetailsLoan Amount: $26 million
Purpose: Acquisition of a 2,800 TEU eco-efficient containership
Euroseas Fleet Size: 24 vessels, with two additional ships on order
Total Cargo Capacity: 76,094 TEU
Dr. Anastasios Aslidis, CFO, Euroseas Ltd.
“As demand rises, we...
https://mfame.guru/first-citizens-bank-finances-euroseas-fleet-expansion-with-26-million-loan/