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Prospect News home > News index > List of issuers T > Headlines for TOP Ships Inc. > News item
Published on 8/4/2009 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

TOP Ships gets loan waiver from RBS of non-compliance with covenants

By Sara Rosenberg

New York, Aug. 4 - TOP Ships Inc. obtained a waiver until March 31, 2010 regarding the breach of certain financial covenants under its term loan with the Royal Bank of Scotland, according to a news release.

TOP Ships is an Athens, Greece-based provider of seaborne crude oil and petroleum products and drybulk transportation services.


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