December 27, 2017 / 1:51 PM / 23 days ago

BRIEF-Dryships Inc Receives Firm Commitments For Two Senior Secured Credit Facilities Of Up To An Aggregate Of $125.0 Million

Dec 27 (Reuters) - Dryships Inc:

* DRYSHIPS INC RECEIVES FIRM COMMITMENTS FOR TWO SENIOR SECURED CREDIT FACILITIES OF UP TO AN AGGREGATE OF $125.0 MILLION AND ANNOUNCES A VESSEL SALE

* DRYSHIPS - SOLD 2001 BUILT PANAMAX VESSEL, ECOLA, TO UNAFFILIATED BUYER FOR $8.5 MILLION

* DRYSHIPS - ‍FACILITIES TO BE SECURED BY CO‘S 4 TANKER VESSELS & 2 KASMARMAX & 1 PANAMAX DRYBULK VESSELS & WILL HAVE TENOR OF 5 & 6 YEARS ​ Source text for Eikon: Further company coverage:

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