Diana Shipping Inc. announces a $150m private placement of 8.75% bonds maturing in 2029 for refinancing and general corporate purposes.
Diana Shipping Inc., a global dry bulk shipping company, announced the pricing of a $150m private placement of senior unsecured bonds maturing in July 2029, with an 8.75% fixed-rate coupon payable semi-annually. Proceeds will be used to refinance existing bonds and for general corporate purposes. The offering, on Oslo Stock Exchange, is expected to close on July 2, 2024, subject to customary conditions.
June 18, 2024
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