Pelagic Credit executes US$ 47.4 million sale-and-leaseback for three bulk carriers

• Pelagic Credit entered definitive agreements for a US$ 47.4 million sale-and-leaseback investment in three handysize bulk carriers.
• Assets will be chartered back to a Hartmann Group subsidiary on a seven-year firm bareboat charter with a purchase option after five years.
• Deal is expected to add about US$ 107.1 million of firm contracted gross bareboat backlog, rising to US$ 115.6 million including options.
• Financing plan includes a senior secured credit facility, cutting net capital investment to about US$ 10.5 million.
• Closing is expected in coming days, subject to customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pelagic Credit plc published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.