Danaos plans $815 million credit facility for refinancing

By Sara Rosenberg

New York, Feb. 3 – Danaos Corp. plans on getting a new $815 million senior secured credit facility, according to a news release.

Proceeds will be used with $300 million of senior notes and a new $135 million sale leaseback arrangement to implement a $1.25 billion refinancing of a substantial majority of its outstanding senior secured debt.

Danaos is an Athens-based owner of modern, large-size containerships.

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