songa in A Sentence

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    The Songa Offshore Enabler 71.

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    Of the vessels will be acquired from Songa Bulk and three of the vessels will be acquired from Oceanbulk Container Carriers.

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    3

    Christina collaborated with jazz artist Herbie Hancock on the remake of Leon Rusel's Songa Song For You, which they recorded on Hancock's albumPossibilities.

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    The cash portion of the Songa consideration will be financed through proceeds of a new five-year capital lease of $180 million with China Merchants Bank Leasing with a margin of 280 bps, thus offering approximately $35 million of additional liquidity for Star Bulk.

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    5

    The cash portion of the Songa consideration will be financed through proceeds of a new five- year capital lease of USD 180 million with China Merchants Bank Leasing with a margin of 280 bps, thus offering approximately USD 35 million of additional liquidity for Star Bulk.

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    6

    As a result of the contemplated transactions, shareholders of Songa are expected to own approximately 14.9% of the outstanding common shares of the Company and the pre-existing top 5 shareholders of the Company would own approximately 38.7%, 4.4%, 3.9%, 1.0% and 1.0% of the outstanding common shares of the Company, respectively.

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