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05/20/2013Press Releases

Seanergy Maritime Holdings Corp. Announces Agreement to Sell Three Subsidiaries in Full Satisfaction of Underlying Loan

Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced today that its wholly-owned subsidiary, Maritime Capital Shipping Limited (“MCS”), entered into a term sheet with its sole lender for the sale of a 100% ownership interest in three of MCS’s vessel-owning subsidiaries to a nominee of the lender, in exchange for a nominal cash consideration and full satisfaction of the underlying loan...
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