Brief: 2020 Bulkers Says Private Placement Oversubscribed
BRIEF-2020 Bulkers Says Private Placement Oversubscribed Sept 24 (Reuters) - 2020 Bulkers Ltd 20202.OL:
PRIVATE PLACEMENT COMPLETED
PRIVATE PLACEMENT OVERSUBSCRIBED AT OFFER PRICE OF US$0.299 PER SHARE
NET PROCEEDS TO FUND $100 MILLION REFINANCING AND $75 MILLION FOR OPERATIONS AND M&A
BOARD CONDITIONALLY RESOLVES SUBSEQUENT OFFERING OF UP TO NOK 75 MILLION AT NOK EQUIVALENT OF OFFER PRICE
Source text: ID:nMFN6TLQsL
Further company coverage: 20202.OL
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