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DryShips, Inc. Message Board

  • eshjg eshjg Dec 28, 2010 10:10 PM Flag

    Only need to pay 650M balance for 12 tankers

    That is less than 1 year cash flow of the company. It is not big deal. With current debt load and next couple years cash flow, DRYS has ability to pay all the balance of 4 drillships and 12 tankers. They may not any new debt for the tankers. They only need to roll over current debt when it is due. It is easy for DRYS to do that based on its ability to generate cash.

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