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Pyxis Tankers Announces Pricing of Public Offering of Series A Cumulative Convertible Preferred ...

Pyxis Tankers Announces Pricing of Public Offering of Series A Cumulative Convertible Preferred Stock

Tanker Operator Pyxis Tankers Inc. announces refinancing of modern product tanker


Apr 01 2021
Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (the “Company” or “Pyxis Tankers”), a growth-oriented, pure play product tanker company, announced that it had successfully completed the refinancing of a previous loan facility secured by the Pyxis Epsilon with a $17 million loan which has an interest rate of Libor plus 3.35% and is repayable over 5 years.
Valentios Valentis, our Chairman and CEO commented:
“We are very pleased that we are expanding our relationship with Alpha Bank S.A. which has provided us with an additional $17 million loan on terms and conditions, including quarterly amortization of $300,000, that are similar to the existing loan for our vessel, the Pyxis Theta. This new facility provides us a number of benefits including improving balance sheet leverage, lengthening our average debt maturities and reducing aggregate principal and interest payments. For example, the consolidated weighted average intere ....

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Pyxis Tankers Inc. [PXS] Stock trading around $1.18 per share: What's Next?


March 18, 2021
In early 2021 Quantum Corporation (QMCO) shares gained a substantial boost, suggesting the Quantum Corporation may continue to grow on the back of significant.
Pyxis Tankers Inc. [NASDAQ: PXS] stock went on an upward path that rose over 19.19% on Thursday, amounting to a one-week price increase of more than 7.27%. The company report on January 15, 2021 that Pyxis Tankers to Present at NobleCon 17 Investor Conference.
MAROUSSI, GREECE – January 15, 2020 – Pyxis Tankers Inc. (NASDAQ: PXS), (the “Company” or “Pyxis Tankers”), a growth – orientated pure play product tanker company, announced that its CEO, Mr. Eddie Valentis will present on Wednesday, January 20th at Noble Capital Markets’ Seventeen Annual Investor Virtual Conference at 1:30 pm EST. The conference is virtual and there is no cost, obligation nor restriction to investors to attend: www.noblecon17.com A high-definition, video webcast of the presentation will be available on ....

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