Dorian LPG Completes Private Placement

first_img此页面无法正确加载 Google 地图。您是否拥有此网站?确定 Print  Close zoom Dorian LPG Ltd. has successfully completed a subscription for its private placement of 80,405,405 shares to Norwegian and international institutional investors at a price of NOK 18.50, representing approximately $250 million in proceeds (the Private Placement). The Private Placement follows a week after the announcement that Dorian LPG entered into an agreement with Scorpio Tankers Inc. to acquire Scorpio’ fleet of 11 Very Large Gas Carrier (VLGC) newbuildings and an option to build two additional VLGCs.The Private Placement is expected to close on November 14, 2013, subject to satisfaction of certain customary closing conditions and the completion of the Transaction. Upon closing of the Private Placement, the company will have 213,579,150 shares issued and outstanding.The company plans to use the proceeds from the Private Placement to part finance a series of VLGC newbuildings and for general corporate purposes.Pareto Securities AS acted as Global Coordinator with Arctic Securities ASA, DNB Markets, and Fearnley Securities AS, as Joint Lead Managers. My location Dorian LPG, November 5, 2013last_img

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