Danaos Corporation (DAC) Reports Q4 EPS of $0.18
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Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2018
February 19, 2019 4:30 PM ESTATHENS, Greece, Feb. 19, 2019 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of containerships, today reported unaudited results for the fourth quarter and the year ended December 31, 2018.
Highlights for the Fourth Quarter and Year Ended December 31, 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... More