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Stock Market & Financial Investment News

News Breaks
September 28, 2012
12:00 EDTTEUBox Ships falls 7.6%
Box Ships is down 7.6%, or 49c, to $5.98
News For TEU From The Last 14 Days
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July 22, 2014
16:11 EDTTEUBox Ships announces full repayment of loan with Commerzbank
Box Ships announced the full repayment of the outstanding amount under its loan agreement with Commerzbank AG, dated July 29, 2011. The outstanding amount of the loan, as of July 21 amounted to $21.5M and the parties agreed to the payment of $15.0M plus accrued interest, in full and final settlement of the loan. The gain from this transaction is expected to be approximately $6.4M and will be reflected in the Q3.

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