Star Bulk Seeks €112m as SBLK Heads to Athens With Dry Bulk Near a Five-Year High
Star Bulk is preparing to list SBLK on Euronext Athens and offer up to 4.4 million new shares, targeting gross proceeds of as much as €112.2 million. About €56.83 million of the expected net proceeds is earmarked for three 82,000-dwt Kamsarmax newbuildings, while up to €48.1 million could fund further newbuild or secondhand vessel acquisitions.
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