Dorian LPG (LPG) Prices Offering of 2M Common Shares
Get Alerts LPG Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: +109.9%
Join SI Premium – FREE
Dorian LPG Ltd. (NYSE: LPG) (the “Company”, “Dorian LPG”, “we”, “us” and “our”) announced today that it has priced its previously announced underwritten public offering (the “Offering”) of 2,000,000 shares of common stock, par value $0.01 per share (“Common Shares”), at $44.50 per share.
The net proceeds of the Offering are expected to be used for general corporate purposes.
The Company has granted the underwriters a 30-day option to purchase up to an additional 300,000 Common Shares.
Jefferies is acting as lead bookrunning manager for the Offering, and SEB is acting as joint lead bookrunning manager. Pareto Securities, Fearnley Securities, Arctic Securities, DNB Markets, BNP PARIBAS and Credit Agricole are also acting as joint bookrunning managers for the Offering.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jefferies on QuidelOrtho (QDEL): 'we view a potential sale as a net positive'
- QT Imaging’s CEO Presents Sports Shiftmaker Award to Tennis Champion and Breast Cancer Survivor Martina Navratilova During Wimbledon Week
- Genco Shipping & Trading Limited Responds to Diana Shipping Extending its Inadequate $24.80 Unsolicited Tender Offer
Create E-mail Alert Related Categories
Corporate News, Equity OfferingsRelated Entities
Jefferies & Co, Credit AgricoleSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share