Diana shipping inc. announces pricing of us$150 million senior unsecured bond offering

Athens, greece, june 18, 2024 (globe newswire) -- diana shipping inc. (nyse: dsx), (the “company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced the pricing of a us$150 million private placement of senior unsecured bonds maturing in july 2029 and callable beginning three years after issuance. the bond offering was priced with a u.s. dollar fixed-rate coupon of 8.75%. interest will be payable semi-annually in arrears in january and july of each year. the company will apply for listing of the bonds on the oslo stock exchange. the offering is expected to close on july 2, 2024, subject to customary closing conditions.
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