Scorpio Bulkers, New York-quoted owner raked in nearly $74m by way of a bond offering in which it sold senior unsecured notes due 2019 for $25.00 a piece.
Scorpio Bulkers pointed out that this total includes an $8.6m boost from underwriters that recently exercised an option to purchase additional notes.
Scorpio Bulkers plans to use instalment payments linked to its extensive newbuilding programme
Scorpio Bulkers bond offering was backed by Stifel, Deutsche Bank Securities and Jefferies, which served as joint book-running managers.