Eagle Bulk Shipping Inc. Announces the Pricing of USD 200 Million in Senior Bonds and the Arrangement of a USD 65 Million Credit Facility
Eagle Bulk Shipping Inc. (EGLE)
Last eagle bulk shipping inc. earnings: 3/4 05:16 pm
Check Earnings Report
US:NASDAQ Investor Relations:
eagleships.com/investor-relations
Company Research
Source: GlobeNewswire
STAMFORD, Conn., Nov. 16, 2017 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ:EGLE) (the “Company”) announced today that one of its wholly-owned subsidiaries, Eagle Bulk Shipco LLC, has priced (the “Offering”) USD 200 million in senior secured bonds (the “Bonds”) which will carry a coupon of 8.25% and be due in November 2022. In addition, a wholly-owned subsidiary of the Company, Eagle Shipping LLC, has received a loan commitment from certain of its existing lenders in the amount of USD 65 million for a senior secured credit facility (the “Facility”) which will bear an interest rate of LIBOR plus 3.50% and have a maturity date of November 2022. The net proceeds from the bond offering and loan will be used to repay the outstanding amounts (at par) on both the existing first and second lien facilities at Eagle Shipping LLC. The Bonds, which are being placed in the Norwegian bond markets, are being sold only to qualified institutional buyers in reliance on an exemption from
Show less
Read more
Impact Snapshot
Event Time:
EGLE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EGLE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EGLE alerts
High impacting Eagle Bulk Shipping Inc. news events
Weekly update
A roundup of the hottest topics
EGLE
News
- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) had its price target raised by analysts at B. Riley from $52.20 to $63.50. They now have a "neutral" rating on the stock.MarketBeat
- Eagle Bulk Shipping Inc. (EGLE) Navigates Market Headwinds with Positive Annual Earnings [Yahoo! Finance]Yahoo! Finance
EGLE
Earnings
- 11/2/23 - Beat
EGLE
Sec Filings
- 3/20/24 - Form 425
- 3/4/24 - Form 10-K
- 3/4/24 - Form 425
- EGLE's page on the SEC website