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Published on 5/19/2009 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

DryShips gets waiver agreement with DnB NOR on $86 million of debt

By Sara Rosenberg

New York, May 19 - DryShips Inc. has reached an agreement on waiver terms for $86 million of its outstanding debt, according to a news release.

DnB NOR is the lead bank on the deal for two of the company's drybulk vessels.

DryShips is a Greece-based provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services.


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