other material
confidence high
sentiment neutral
materiality 0.75
Dorian LPG prices public offering of 2M shares at $44.50, net proceeds ~$84.5M
DORIAN LPG LTD.
- Offered 2,000,000 common shares at $44.50 per share; net proceeds ~$84.5 million after discounts and expenses.
- Underwriters granted 30-day option to purchase up to 300,000 additional shares at $42.275 per share.
- Proceeds allocated for general corporate purposes; offering closed June 7, 2024.
- Underwriting led by Jefferies; joint bookrunners include SEB, Pareto, Fearnley, Arctic, DNB, BNP Paribas, Credit Agricole.