DRYSHIPS INC. ANNOUNCES FULL REPAYMENT OF LAST LEGACY COMMERCIAL LENDER ATHENS, GREECE - April 27, 2017 - DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips"), a diversified owner of ocean going cargo vessels, announced today that it has fully repaid its remaining commercial loan facility of approximately $15.2 million, including overdue interest. Updated Key Information as of April 27, 2017: Cash and cash equivalents about $384 million, (or $6.52 per share) Book value of vessels, including deposits about $238 million, (or $4.04 per share) Sifnos Loan Facility balance about $200.0 million Number of Shares Outstanding about 58,905,719 Mr. George Economou, Chairman...
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