Brief: EuroDry Ltd Announces Agreement To Sell M/V “Pantelis”, A 2000-Built Panamax Bulk Carrier

EuroDry

19/09/2022 21:07

Sept 19 (Reuters) - EuroDry Ltd  0LQ.F :
    * EURODRY LTD. ANNOUNCES AGREEMENT TO SELL M/V “PANTELIS”, A
2000-BUILT PANAMAX BULK CARRIER
    * EURODRY LTD. ANNOUNCES AGREEMENT TO SELL M/V “PANTELIS”, A
2000-BUILT PANAMAX BULK CARRIER
    * EURODRY LTD- SIGNED AN AGREEMENT TO SELL M/V PANTELIS, A
74,020
DWT DRYBULK VESSEL, BUILT IN 2000, FOR APPROXIMATELY $9.7
MILLION
    * EURODRY LTD - VESSEL IS EXPECTED TO BE DELIVERED TO ITS
NEW
OWNERS, AN UNAFFILIATED THIRD PARTY, BY MID-OCTOBER 2022
    * EURODRY LTD - AS A RESULT OF SALE, EXPECT TO BOOK A GAIN
OF
ABOUT $3 MILLION, OR ABOUT $1.00 PER SHARE, WHEN TRANSACTION IS
COMPLETED

Source text for Eikon:  ID:nGNX2v40PN 
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