Pyxis Tankers Refinances Loans, Completes Share Repurchase Program, and Updates Chartering Activity
ByAinvest
Monday, Jan 26, 2026 4:12 pm ET1min read
PXS--
Pyxis Tankers refinanced existing loans with Alpha Bank for $18.6m and $14.75m, with maturity in 5 years and reduced interest rates. The company also extended the maturity of loans with Piraeus Bank by six months, reducing the interest rate to Term SOFR + 1.80%. Additionally, Pyxis Tankers acquired 115,873 shares under its authorized common share repurchase program of up to $3.0m. The company has 73% of its available days booked in Q1 2026 at an average estimated daily TCE of $23,100 for MR product tankers, and 27% booked at an average estimated daily TCE of $12,000 for dry bulkers.

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