Replies to post #42010 on Savvy Trades and Investments

[CPTMatt]

NAP Appreciate your thoughts. I know they ship liquids however the CEO mentioned the dry bulk market in the last earnings PR. There has to be a connection to liquid day rates or impact with the logistics side of their biz.

Angeliki Frangou continued: "On November 14, 2017, we successfully refinanced the 8.125% Senior Unsecured Notes that were maturing in 15 months, with $305.0 million of 11.25% Senior Secured Notes. The new notes are callable at any time which provides the flexibility to refinance these new notes as the dry bulk market and our financial performance improve.”