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Diana files for new share offering

ATHENS company Diana Shipping has announced a new share offering of 8.3m shares of common stock. The New York-listed company said shareholders will also offer up to about 2.3m shares and underwriters will be granted a 30-day option to purchase up to 1.6m additional common shares from the company to cover any over-allotments.The new offering follows the sale of 5m shares priced at $15.75 per share in January.
Diana currently owns and operates 15 bulk carriers and has said it intends expanding in the sector

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