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News Breaks | | | | February 5, 2013 | | 12:00 EDT |  | DCIX | Diana Containerships falls 14.3%
Diana Containerships is down 14.3%, or 99c, to $5.93 | |
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News For DCIX From The Last 14 Days Check below for free stories on DCIX the last two weeks. |
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| May 21, 2013 | | 14:05 EDT |  | DCIX | Diana Containerships announces $40M common stock sales agreement
 Subscribe for More Information | | | 08:45 EDT |  | DCIX | Diana Shipping agrees to loan up to $50M to Diana Containerships
Diana Shipping (DSX) announced that yesterday it agreed to loan up to $50M to Diana Containerships (DCIX), a former wholly-owned subsidiary of the company of which Diana Shipping currently owns approximately 10.4% of the issued and outstanding common shares. Under the terms of the loan agreement, one or more wholly-owned subsidiaries of Diana Containerships may borrow amounts under the loan to fund vessel acquisitions and for general corporate purposes. The loan matures on the fourth anniversary of the initial draw down date, and amounts drawn under the loan will bear interest at the rate of LIBOR plus 5.0% per annum. In addition, the borrower will pay the Company a variable back-end fee in an amount of up to 5.0%, in the aggregate, of the total amount outstanding under the loan. | | | 08:43 EDT |  | DCIX | Diana Containerships reports Q1 adjusted EPS 3c, consensus 3c
Reports Q1 revenue $15.1M, consensus $14.9M. | |
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