Star Bulk prices 4,400,000-share offering in Greece at EUR 24.5 per share - SBLK News | RalliesStar Bulk prices 4,400,000-share offering in Greece at EUR 24.5 per share
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SBLK• Follow-on share sale priced in Greece
- Star Bulk Carriers completed a €107.8 million follow-on share sale, issuing 4,400,000 new common shares.
- Final offering price was set at €24.5 per share, equal for retail and qualifying investors.
- The Greece public offering raised €105.4 million from 4,300,000 shares, while the parallel placement raised €2.5 million from 100,000 shares.
- Investor demand totaled 26,788,512 shares at the offering price, more than 6 times the public-offering allocation.
- Allocation split: 1,743,504 shares to retail investors and 2,556,496 shares to qualifying investors.
