FreeSeas (FREE) announces it reached an agreement with lenders that will allow it to remove $30M...

|By:, SA News Editor

FreeSeas (FREE) announces it reached an agreement with lenders that will allow it to remove $30M of secured debt from its books. CEO Ion Varouxakis says the deal was struck after a prolonged period of "tortured uncertainty." FREE +66.5% premarket, but still well off levels from earlier this year.