Performance Shipping Issues $50mln 9.875% Bond Tap with ISIN NO0013607028.
ByAinvest
Tuesday, Jan 13, 2026 9:34 am ET1min read
PSHG--
Performance Shipping Inc. has successfully placed a $50 million tap issue in its outstanding senior secured bond, with a fixed coupon of 9.875% per annum, paying semi-annually in arrears. The total outstanding amount under the bond is now $150 million. The tap issue was priced at 103.00% of par value and is expected to close on January 26, 2026. Net proceeds will be used for general corporate purposes.
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