The company “Y/KNOT Invest S.A.” (the “Company”) informs the investing public that it has reached an agreement for an investment in an Aframax-type vessel, built in 2009 at the Hyundai Heavy Industries shipyards and with a carrying capacity of 105,599 DWT.
The vessel will be acquired by the newly incorporated company Y/Amethyst Inc., an indirect subsidiary of the Company, for a total consideration of USD 44,100,000.
The acquisition will be financed through a combination of own funds, co-investment by Indigo Marine Inc., a direct shareholder of the Company, and bank financing.
Specifically, for the payment of the purchase consideration and initial working capital, the Company will contribute to Y/Amethyst Inc., through Y/Knot Maritime Inc., its direct wholly owned subsidiary, an amount of €12,000,000, while Indigo Marine Inc. will contribute to Y/Amethyst Inc. an amount of €8,000,000. Following the above, the participation interest of Y/Knot Maritime Inc. in Y/Amethyst Inc. will amount to 60%, and the participation interest of Indigo Marine Inc. will amount to 40%. The above arrangement is set out in detail in a relevant agreement between Y/Knot Maritime Inc. and Indigo Marine Inc., for which, since Indigo Marine Inc. is a related party to the Company, authorization was granted on 30.06.2026 by the Company’s Board of Directors pursuant to Articles 100 and 101 of Law 4548/2018.
It is recalled that, during the Company’s recent share capital increase of €22.8 million, the use of proceeds provided for an amount of up to €11,000,000 for investments in ocean-going shipping vessels and an amount of up to €2,888,000 for working capital.
With respect to bank financing, the Company has entered into a preliminary agreement (Indicative Term Sheet) with the London branch of Macquarie Bank Limited for long-term financing in the amount of USD 23,500,000.
The Company may consider the participation of additional investors in Y/Amethyst Inc. and will keep the investing public informed of any developments.
Kifisia, 30 June 2026
