Akin Gump Advises Eagle Bulk Shipping in Secondary Public Offering of Common Stock

July 2, 2021

Reading Time : 1 min

Contact:

Jacinta O'Shea-Ramdeholl

Director of Communications

Scott Wasserman

Senior Media Relations Manager

(New York) – Eagle Bulk Shipping Inc. one of the world’s largest owner-operators within the Supramax/Ultramax drybulk segment, has announced the pricing of a previously announced underwritten secondary public offering of 1,949,459 shares of common stock by certain funds and separate accounts managed by GoldenTree Asset Management LP (collectively, the “selling shareholders”) at a public offering price of $46.50 per share.

The amount of shares offered represents an upsize to the original proposed offering and the exercise by the underwriter to purchase additional shares. The offering is expected to close today. A team from Akin Gump advised Eagle Bulk in the transaction.

To learn more, please click here.

The Akin Gump team advising long-time client Eagle Bulk was led by Dan Fisher, leader of the firm’s integrated special situations group, corporate partner Alan J. Feld and counsel John Clayton. They were joined by counsel Kevin Schott and associates Amanda Thienpont and Alex France.

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

# # #

Share This Insight

Related Services, Sectors, and Regions

© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.