BW LPG Places $300M Offering Through Convertible Bonds To Help Fund Eight New Ships
BW LPG Limited (("BW LPG" or the "Company", OSE: BWLPG, NYSE:BWLP), the world’s leading owner and operator of LPG vessels, has today successfully placed an offering (the "Offering") of USD 300
BW LPG borrowed $300 million by selling special bonds that can turn into company shares later. This money helps them buy eight new ships, which suggests they believe their business will do well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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