Seanergy Maritime Announces Fixed Income Investor Meetings
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) has announced plans to conduct fixed income investor meetings in the Nordic bond market starting March 28, 2025. The meetings, arranged through Norwegian investment banks, may lead to a four-year USD denominated senior unsecured bond issue.
The potential bond issuance is subject to market conditions, with net proceeds intended for general corporate purposes, including possible debt refinancing or vessel acquisitions. The senior unsecured bonds would be available to qualified institutional buyers in the United States under Rule 144A and to non-U.S. persons internationally under Regulation S of the Securities Act.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) ha annunciato piani per condurre incontri con investitori di reddito fisso nel mercato obbligazionario nordico a partire dal 28 marzo 2025. Gli incontri, organizzati tramite banche d'investimento norvegesi, potrebbero portare a un emissione di obbligazioni senior non garantite in USD della durata di quattro anni.
L'emissione di obbligazioni è soggetta alle condizioni di mercato, con i proventi netti destinati a scopi aziendali generali, inclusi possibili rifinanziamenti del debito o acquisizioni di navi. Le obbligazioni senior non garantite sarebbero disponibili per acquirenti istituzionali qualificati negli Stati Uniti ai sensi della Regola 144A e per persone non statunitensi a livello internazionale ai sensi della Regolamentazione S della Securities Act.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) ha anunciado planes para llevar a cabo reuniones con inversores de renta fija en el mercado de bonos nórdico a partir del 28 de marzo de 2025. Las reuniones, organizadas a través de bancos de inversión noruegos, podrían dar lugar a una emisión de bonos senior no garantizados en USD a cuatro años.
La posible emisión de bonos está sujeta a las condiciones del mercado, con los ingresos netos destinados a fines corporativos generales, incluyendo posibles refinanciaciones de deuda o adquisiciones de embarcaciones. Los bonos senior no garantizados estarían disponibles para compradores institucionales calificados en los Estados Unidos bajo la Regla 144A y para personas no estadounidenses a nivel internacional bajo la Regulación S de la Ley de Valores.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP)는 2025년 3월 28일부터 북유럽 채권 시장에서 고정 수익 투자자 회의를 개최할 계획을 발표했습니다. 노르웨이 투자 은행을 통해 조직된 이 회의는 4년 만기 USD 표시의 선순위 무담보 채권 발행으로 이어질 수 있습니다.
잠재적인 채권 발행은 시장 상황에 따라 달라지며, 순수익은 일반 기업 용도에 사용될 예정입니다. 여기에는 부채 재융자 또는 선박 인수 가능성이 포함됩니다. 선순위 무담보 채권은 미국 내 적격 기관 투자자에게는 규칙 144A에 따라, 비미국인에게는 증권법의 규정 S에 따라 국제적으로 제공될 것입니다.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) a annoncé des plans pour organiser des réunions avec des investisseurs en revenu fixe sur le marché obligataire nordique à partir du 28 mars 2025. Les réunions, organisées par des banques d'investissement norvégiennes, pourraient aboutir à une émission d'obligations senior non garanties en USD d'une durée de quatre ans.
L'émission d'obligations potentielle est soumise aux conditions du marché, avec des produits nets destinés à des fins corporatives générales, y compris un éventuel refinancement de la dette ou des acquisitions de navires. Les obligations seniors non garanties seraient disponibles pour des acheteurs institutionnels qualifiés aux États-Unis conformément à la règle 144A et pour des personnes non américaines à l'international conformément à la réglementation S de la loi sur les valeurs mobilières.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) hat Pläne angekündigt, ab dem 28. März 2025 Investorenmeetings im Bereich festverzinslicher Wertpapiere auf dem nordischen Anleihemarkt durchzuführen. Die Meetings, die über norwegische Investmentbanken organisiert werden, könnten zu einer vierjährigen, in USD denominierten, unbesicherten Senior-Anleiheemission führen.
Die potenzielle Anleiheemission unterliegt den Marktbedingungen, wobei die Nettomittel für allgemeine Unternehmenszwecke vorgesehen sind, einschließlich möglicher Schuldenrefinanzierung oder Schiffserwerb. Die unbesicherten Senior-Anleihen wären für qualifizierte institutionelle Käufer in den Vereinigten Staaten gemäß Regel 144A und für Nicht-US-Personen international gemäß der Vorschrift S des Securities Act verfügbar.
- Potential access to new funding through bond issuance
- Opportunity for debt refinancing to optimize capital structure
- Possibility of fleet expansion through vessel acquisitions
- Additional debt burden if bonds are issued
- Increased interest expenses and financial obligations
GLYFADA, Greece, March 27, 2025 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP), through Norwegian investment banks, will arrange a series of fixed income investor meetings in the Nordic bond market, commencing March 28, 2025.
A four-year USD denominated senior unsecured bond issue may follow, subject to inter alia market conditions. The net proceeds from the contemplated bond issue are intended to be used for general corporate purposes, which may include debt refinancing or acquisitions of vessels.
The senior unsecured bonds, if issued, will be sold in the United States only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “U.S. Securities Act”) and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The bonds, if issued, will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful, and is being issued in the United States pursuant to and in accordance with Rule 135c under the Securities Act.
About Seanergy Maritime Holdings Corp.
Seanergy Maritime Holdings Corp. is a prominent pure-play Capesize shipping company publicly listed in the U.S. Seanergy provides marine dry bulk transportation services through a modern fleet of Capesize vessels. The Company’s operating fleet consists of 21 vessels (2 Newcastlemax and 19 Capesize) with an average age of approximately 13.8 years and an aggregate cargo carrying capacity of approximately 3,803,918 dwt.
The Company is incorporated in the Republic of the Marshall Islands and has executive offices in Glyfada, Greece. The Company’s common shares trade on the Nasdaq Capital market under the symbol “SHIP”.
Please visit the Company’s website at: www.seanergymaritime.com.
Information on the Company’s website does not constitute a part of this press release.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, including with respect to any bond offering. Words such as “may”, “should”, “expects”, “intends”, “plans”, “believes”, “anticipates”, “hopes”, “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the Company’s operating or financial results; the Company’s liquidity, including its ability to service its indebtedness; competitive factors in the market in which the Company operates; shipping industry trends, including charter rates, vessel values and factors affecting vessel supply and demand; future, pending or recent acquisitions and dispositions, business strategy, impacts of litigation, areas of possible expansion or contraction, and expected capital spending or operating expenses; risks associated with operations outside the United States; broader market impacts arising from trade disputes or war (or threatened war) or international hostilities, such as between Israel and Hamas or Iran and between Russia and Ukraine; risks associated with the length and severity of pandemics (including COVID-19), including their effects on demand for dry bulk products and the transportation thereof; and other factors listed from time to time in the Company’s filings with the SEC, including its most recent annual report on Form 20-F. The Company’s filings can be obtained free of charge on the SEC’s website at www.sec.gov. Except to the extent required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
For further information please contact:
Seanergy Investor Relations
Tel: +30 213 0181 522
E-mail: ir@seanergy.gr
Capital Link, Inc.
Paul Lampoutis
230 Park Avenue Suite 1540
New York, NY 10169
Tel: (212) 661-7566
E-mail: seanergy@capitallink.com
FAQ
When will Seanergy Maritime (SHIP) begin its Nordic bond market investor meetings?
What is the intended use of proceeds from SHIP's potential bond issuance?
What is the proposed term for Seanergy Maritime's (SHIP) new bond issue?
Who are the eligible investors for SHIP's potential bond offering?
