With the Window Cracked, Diana Containerships Slips Through

Yesterday, after the market closed, Diana Containerships Inc. announced its intention to offer 8.1 million common shares also in an underwritten overnight follow-on offering. The deal was priced today at $6.25/share, a discount of 13.2% from yesterday’s closing price, a slight improvement over that obtained by Box Ships earlier. The offering includes a green shoe of 1.215 million shares.

 

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