The gross charter rate is $15,300 per day, minus a 5% commission paid to third parties, for a period until minimum
April 1, 2021 up to maximum June 30, 2021.
The notes will bear interest at a fixed rate per annum of 5.25 percent, payable semi-annually on April 1 and October 1 of each year, beginning on October 1, 2016, until
April 1, 2021. From and including
April 1, 2021, the notes will bear interest at a floating rate per annum equal to three-month LIBOR plus 3.937 percent, payable quarterly on January 1, April 1, July 1 and October 1 of each year, beginning on July 1, 2021, until maturity or earlier redemption.
The Notes will bear interest at a fixed rate per annum of 5.25%, payable semi-annually on April 1 and October 1 of each year, beginning on October 1, 2016, until
April 1, 2021. From and including
April 1, 2021, the Notes will bear interest at a floating rate per annum equal to three-month LIBOR plus 3.937%, payable quarterly on January 1, April 1, July 1 and October 1 of each year, beginning on July 1, 2021, through maturity or earlier redemption.