Fundz

Top Ships Inc. Announces Credit Committee Approval For The Financing Of Its Last Newbuilding Vessel And Fully Funded Status

PUBLIC · TOPSFeb 02, 2022

Round Type

Funding Round

GreeceManufacturingEnergyOil And Gas

Description

TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has obtained credit committee approval from a major international financier for the financing, via a sale and leaseback agreement, of up to 80% of the shipbuilding cost of the Suezmax tanker vessel M/T Eco Oceano CA currently under construction at Hyundai Samho Heavy Industries Co., Ltd. in South Korea.

Quick answer

TOP Ships raised an undisclosed amount in a Funding Round round, dated February 2, 2022. TOP Ships is based in Greece.

How much did TOP Ships raise?
TOP Ships raised an undisclosed amount in a Funding Round round on February 2, 2022.
What does TOP Ships do?
The company had previously announced that it had entered into a non-binding termsheet and disclosed the main terms of the financing while awaiting credit committee approval.
Where is TOP Ships based and how big is it?
TOP Ships is based in Greece. Fundz records about 51 employees.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as TOP Ships that raised within 45 days of this round, from Fundz verified event records.

  • Peabody raised an undisclosed amount (Funding Round) on March 7, 2022.
  • Carlisle Companies Incorporated raised $125M (Funding Round) on February 23, 2022.
  • Sintana Energy raised $3.5M (Seed) on March 18, 2022.
  • Heartland Water Technology raised $45M on March 17, 2022.
  • ON Semiconductor Corporation raised an undisclosed amount (Series C) on March 17, 2022.
  • Zephyr Energy PLC raised an undisclosed amount on March 15, 2022.

Who to call at TOP Ships, and when

A new round usually means TOP Ships is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day TOP Ships raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at TOP Ships, from your own LinkedIn network

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Company Information

Company

TOP Ships

Location

1, VASSILISSIS SOFIAS STR. & MEG.

Greece

About

The company had previously announced that it had entered into a non-binding termsheet and disclosed the main terms of the financing while awaiting credit committee approval.

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TOP Ships raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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