Castor Maritime Inc. Announces the Sale and Leaseback of the M/V Magic Thunder
1. Castor Maritime completed a $14.6 million sale-leaseback for M/V Magic Thunder. 2. The leaseback lasts five years with a purchase option after two years. 3. Castor's fleet consists of 9 vessels, totaling 0.6 million dwt capacity. 4. The financing may strengthen liquidity amid volatile market conditions. 5. Investors are cautioned about forward-looking statements and inherent uncertainties.