Dorian LPG (LPG) Prices Offering of 2M Common Shares

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Go back to Dorian LPG (LPG) Prices Offering of 2M Common Shares

Dorian LPG Ltd. Announces Pricing of Public Offering of 2,000,000 Common Shares

June 6, 2024 7:48 AM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Dorian LPG Ltd. (NYSE: LPG) (the Company, Dorian LPG, we, us and our) announced today that it has priced its previously announced underwritten public offering (the Offering) of 2,000,000 shares of common stock, par value $0.01 per share (Common Shares), at $44.50 per share.

The net proceeds of the Offering are expected to be used for general corporate purposes.

The Company has granted the underwriters a 30-day option to purchase up to an additional 300,000 Common Shares.

Jefferies is acting as lead bookrunning manager for the Offering, and SEB is acting as joint lead bookrunning manager.... More