Diana Shipping Inc. to Acquire New Vessel
Diana Shipping Inc. announces the completion of its follow-on offering of
7,000,000 shares of common stock priced at $9.50 per share.
Bear, Stearns & Co. Inc. and Wachovia Capital Markets, LLC are the
joint global coordinators and joint book-running managers for the offering.
In connection with the offering, the underwriters have been granted a
30- day option to purchase up to 1,050,000 additional shares of the
Company's common stock to cover any over-allotments.