"Norton Rose Fulbright Advises Danaos Corporation on $500 Million Senior Notes Offering"

"Norton Rose Fulbright has advised Danaos Corporation on a successful $500 million offering of 6.875% Senior Notes due 2032. The proceeds will be used to redeem existing senior notes, repay secured credit facilities, cover refinancing costs, and for general corporate purposes. The transaction highlights Danaos' growth strategy and showcases Norton Rose Fulbright's expertise in the shipping sector."

Global law firm Norton Rose Fulbright advised Danaos Corporation, a leading independent owner of modern, large-size containerships, in a significant financial transaction. The transaction involved a successful US$500 million Rule 144A/Reg. S offering of 6.875% Senior Notes due 2032. Danaos Corporation plans to utilize the net proceeds to fully redeem its outstanding US$262.8 million principal amount of 8.500% Senior Notes due 2028, repay two secured credit facilities, cover costs and expenses related to the refinancing, and for general corporate purposes. The Norton Rose Fulbright team that participated in this transaction included the following lawyers: - Bernd Bohr (Partner, High Yield and Leveraged Finance, London) - Yianni Cheilas (Co-Head of Asset Finance, Europe, Middle East and Asia, and Head of Greece) - Dionysis Diamantatos (Associate, Capital Markets, London) - Micah McDonald (Associate, Capital Markets, London) - Riccardo Perris (Associate, Capital Markets, London) - Miriam Kaufmann (Senior Associate, Banking, London) - Niki Alexandrou (Counsel, Shipping Finance, Athens) - Alexi Remoundos (Senior Associate, Shipping Finance, Athens) - Katerina Karagouni (Associate, Shipping Finance, Athens) - Jenny Arkadi (Associate, Shipping Finance, Athens)

"Norton Rose Fulbright Advises Danaos Corporation on $500 Million Senior Notes Offering"

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