Brief: 2020 Bulkers Announces LOI With AHTS Shareholders
16/09/2026 12:23
BRIEF-2020 Bulkers Announces LOI With AHTS Shareholders Sept 16 (Reuters) - 2020 Bulkers Ltd 20202.OL:
ANNOUNCEMENT OF LETTER OF INTENT TO ACQUIRE UP TO 15X LARGE AHTS VESSELS AND INTENDED FINANCING OF UP TO ABOUT $485 MILLION
$200 MILLION EQUITY-IN-KIND THROUGH ISSUANCE OF NEW ORDINARY SHARES AS CONSIDERATION
AGGREGATED PURCHASE PRICE ASSUMING 100% OF SHARES IN PROJECT COMPANIES ACQUIRED, ABOUT $406 MILLION ON DEBT-FREE CASH-FREE BASIS
Source text: ID:nMFN2pH0Q9
Further company coverage: 20202.OL
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