Top Ships closes sale-leaseback financing agreements for four tankers.
ByAinvest
Monday, Nov 17, 2025 9:29 am ET1min read
TOPS--
Top Ships Inc. has closed a sale and leaseback financing agreement with a Chinese financier for four tanker vessels. The gross proceeds of the deal amount to around $27.2 million, with the cash released approximating the company's current market capitalization. The refinancing will reduce the leverage of Top Ships' fleet and provide the company with additional liquidity.
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