Diana Shipping Completes Follow-On Offering
December 7, 2005
Diana Shipping Inc.
announced the completion of its follow-on offering of
5,000,000 shares of common stock priced at $13.50 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 750,000 additional shares of the Company's
common stock to cover any over-allotments.
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