rss icon Subscribe
desktop mobile

Eagle Bulk Shipping May Issue Privately Placed Bonds

Photo: Eagle Bulk Shipping Inc.

Aiswarya Lakshmi

Eagle Bulk Shipping Inc. announced that it has mandated certain investment banks to arrange a series of fixed income investor meetings commencing on Monday, November 6th, 2017 to explore a potential private placement of bonds by its subsidiary Eagle Bulk Shipco LLC in the Norwegian bond market.

If the Company decides to move forward with a transaction, the bonds would be offered only to qualified institutional buyers in reliance on an exemption from registration under the U.S. Securities Act of 1933, as amended and, outside the United States, only to non-U.S. investors pursuant to Regulation S under the Securities Act.
The bonds would not be registered under the Securities Act or the securities laws of any other jurisdiction and could not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requirements of the Securities Act or any state securities laws.
This press release, which is being issued pursuant to and in accordance with Rule 135c under the Securities Act, shall not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful.

Nov 3, 2017

 

Finance

Frontline Posts Q3 Loss as Tanker Rates Hit 4-year Low

(File photo: Frontline)

Frontline q3 net loss $‍24.1​ million.   Frontline q3 operating loss $‍​5.4 million (reuters poll

Diana Shipping Reports 3Q Loss of $24.5 Mln

Photo: Diana Shipping

Greece-based Diana Shipping inc. on Tuesday reported a loss of $24.5 million in its third quarter

Talos, Stone Energy Plan $2.5 Bln Merger

Talos Energy LLC and Stone Energy Corp, two U.S. exploration and production companies focused on the Gulf of Mexico, announced on Tuesday plans to merge and create a new company

Legal

Frontline Posts Q3 Loss as Tanker Rates Hit 4-year Low

Frontline q3 net loss $‍24.1​ million.   Frontline q3 operating loss $‍​5.4 million (reuters poll loss $9.2 million) Says loss is primarily due to weak average spot daily time

Diana Shipping Reports 3Q Loss of $24.5 Mln

Greece-based Diana Shipping inc. on Tuesday reported a loss of $24.5 million in its third quarter of of 2017. Its net loss attributed to common stockholders was $25.9 million.

Suspected Pirates Apprehended off Somalia

Six suspected pirates and their vessels were detained following reported attacks on a containership and a fishing vessel off Somalia (Photo: EU NAVFOR Somalia)

Six suspected pirates were apprehended by the European Union’s antipiracy force off the coast of

Maritime Apps