In a preliminary agreement, Nordea Bank Finland will provide a covenant waiver to DryShips Inc. (Nasdaq: DRYS) for $800 million in debt and defer principal repayment. Shares of the drybulk shipper climbed 32 cents to close at $6.50.
$800 Million Waiver For DryShips Debt
February 09, 2009 at 17:07 PM EST
