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Toro and Castor Maritime Agree to Full Redemption of 8.75% Series E Preferred Shares
ByAinvest
Wednesday, Oct 15, 2025 9:42 am ET1min read
Toro and Castor Maritime have agreed to the full redemption of 60,000 shares of Castor's 8.75% Series E preferred shares for a cash consideration equal to the stated amount plus accrued and unpaid distributions. The redemption was approved by both companies' boards of directors at the recommendation of their respective special committees.
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