Diana Shipping (DSX) has released an update.
Diana Shipping Inc. has announced the successful exercise of a call option to refinance its existing bond issue, aiming to retire the outstanding $125 million bonds at a redemption price of 103.35% of their nominal value plus accrued interest. The settlement is scheduled for around July 8th, 2024, which will leave no outstanding bonds from the issue. This strategic financial move is part of the company’s broader efforts to manage its debt portfolio and follows the announcement of a new $150 million senior unsecured bond offering.
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