Diana Shipping (DSX) has released an update.
Diana Shipping Inc. has announced the pricing of a $150 million senior unsecured bond offering with an 8.75% fixed-rate coupon, set to mature in July 2029. The bonds, callable starting three years post-issuance, will be listed on the Oslo Stock Exchange, and the proceeds will be used for refinancing existing debt and general corporate purposes. The offering is anticipated to close on July 2, 2024, subject to customary closing conditions.
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