Danaos Corporation 8.5% 01-MAR-2028Danaos Corporation 8.5% 01-MAR-2028Danaos Corporation 8.5% 01-MAR-2028

Danaos Corporation 8.5% 01-MAR-2028

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DAC5126129 analysis



Key facts


Issue date
Feb 11, 2021
Maturity date
Mar 1, 2028
Outstanding amount
‪262.77 M‬USD
Face value
1,000.00USD
Minimum denomination
100,000.00USD
Coupon
8.50% (Fixed)
Yield to maturity
7.24%
Danaos Corp. provides seaborne transportation services to the containership sector. It operates through the following segments: container vessels and drybulk vessels segment. The container vessels segment owns and operates container vessels which are primarily chartered on multi-year, fixed-rate time charter and bareboat charter agreements. The drybulk vessels segment owns and operates drybulk vessels to provide drybulk commodities transportation services. The company was founded by Dimitris Coustas in 1972 and is headquartered in Piraeus, Greece.
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