Danaos Corporation (DAC) Reports Q3 EPS of $0.23, Revenues Beat
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Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2018
November 14, 2018 4:30 PM ESTATHENS, Greece, Nov. 14, 2018 /PRNewswire/ --Â Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of containerships, today reported unaudited results for the period ended September 30, 2018.
Highlights for the Third Quarter and Nine Months Ended September 30, 2018:
On August 10, 2018, we consummated the agreement with certain of our lenders to refinance approximately $2.2 billion of our debt maturing on December 31, 2018, reducing our debt by approximately $551 million, resetting financial and other covenants, modifying interest rates and amortization profiles and extending debt maturities by approximately five years to December 31,... More