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North America Dry Bulk

Genco in $141m buying spree for four bulkers

Genco raises cash in a public stock offering to pay for the acquisition of two capesize and two ultramax bulk carriers, built between 2014 and 2016.

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Update: US-listed dry bulk owner raises $100m in a stock offering, which was timed ahead of the pending IPO by GoodBulk. It is the largest equity sale by a shipping company in the US this year

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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