Diana shipping inc. announces pricing of us$125 million senior unsecured bond offering

Athens, greece, june 08, 2021 (globe newswire) -- diana shipping inc. (nyse: dsx), (the “company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced the pricing of a us$125 million private placement of senior unsecured bonds maturing in june 2026 and callable beginning three years after issuance. the bond offering was priced with a u.s. dollar fixed-rate coupon of 8.375%. interest will be payable semi-annually in arrears in june and december of each year. the company will apply for listing of the bonds on the oslo stock exchange. the offering was significantly oversubscribed and is expected to close on june 22, 2021, subject to customary closing conditions.
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