GoodBulk Files for a $100 Mln IPO

Aiswarya Lakshmi
Monday, June 4, 2018

GoodBulk, an owner and operator of dry bulk vessels, announced that it has filed a registration statement on Form F-1 with the United States Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its common shares.

Morgan Stanley and Credit Suisse are acting as lead book-runners, Clarksons Platou Securities, Evercore ISI, Pareto Securities and UBS Investment Bank are also acting as book-runners, and ABN AMRO is acting as co-manager for the proposed offering.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective.

GoodBulk, incorporated in Bermuda and headquartered in Monaco, is an owner and operator of dry bulk vessels formed in October 2016 for the purpose of owning secondhand dry bulk vessels between 50,000–210,000 DWT.

Upon delivery of announced vessel acquisitions, GoodBulk will control a fleet of 25 dry bulk vessels, including 22 Capesize vessels, one Panamax vessel and two Supramax vessels.

Categories: Finance Legal People & Company News

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