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Stock impact report

Icon Energy Corp. Announces the Delivery of M/V Bravo and the Signing of a Term Loan Facility for up to $91.5 million

Icon Energy Corp. - Common stock (ICON) 
Last icon energy corp. - common stock earnings: 8/9 08:48 am Check Earnings Report
US:NASDAQ Investor Relations: iconixbrand.com/investors
Company Research Source: GlobeNewswire
ATHENS, Greece, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Icon Energy Corp. (“Icon” or the “Company”) (Nasdaq: ICON), an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, is pleased to announce the successful delivery of the Kamsarmax dry bulk carrier, M/V Bravo, and the signing of a term loan facility for up to $91.5 million. Vessel Delivery On September 23, 2024, Icon successfully took delivery of the M/V Bravo, the Kamsarmax dry bulk carrier it had agreed to acquire from an unaffiliated third-party, as previously announced on August 8, 2024. Icon has secured a time charter for the M/V Bravo, whereby the vessel will be employed by an international commodity trading conglomerate for a period of 11 to 14 months, at a floating daily hire rate linked to the Baltic Panamax Index, which is expected to commence in the coming days, upon completion of the customary change of ownership logistics. Fi Show less Read more
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