Performance Shipping Inc. Announces Successful Placement of USD 50 Million Tap Issue

Core Viewpoint - Performance Shipping Inc. has successfully placed a USD 50 million tap issue in its outstanding senior secured bond, increasing the total outstanding amount to USD 150 million, with a fixed coupon of 9.875% per annum [1] Company Overview - Performance Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership of tanker vessels, employing its fleet on spot voyages, pool arrangements, and time charters [3]